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New York Business Divorce

Commentary on Dissolution and Other Disputes Among Co-Owners of Closely Held Business Entities

BCL 716

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The Flexible “For Cause” Standard for Director and Officer Removal

By Franklin C. McRoberts on February 18, 2024
Posted in Derivative Actions, Expulsion and Removal

In this week’s New York Business Divorce, we consider a first-in-a-generation appeals court decision affirming a lower court’s removal of a corporate officer “for cause.”…
Continue Reading The Flexible “For Cause” Standard for Director and Officer Removal

Business Divorce Roundtable Podcast

Hosted by Peter A. Mahler, Partner

The Business Divorce Roundtable presents lively conversations with top experts from a variety of fields – lawyers, judges, mediators, appraisers, accountants, and academicians – on the legal and practical issues including business valuation that business owners and their professional advisors need to know to navigate the turbulent waters of a business partnership breakup.

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