This week’s New York Business Divorce discusses a pair of recent decisions — one involving a close corporation, the other an LLC — in which the courts grappled with procedural and substantive issues involving claims for common-law dissolution.
Continue Reading Common-Law Dissolution Hits Speed Bumps in Recent Decisions
Busher v Barry
Another Door Closes to Federal Court in Judicial Dissolution Cases
By Peter A. Mahler on
Posted in Federal vs. State Court
Statutory judicial dissolution claims are not welcome in federal courts which have been using the Burford abstention doctrine to divert them to state court. This week’s New York Business Divorce examines a first impression federal court decision giving the same treatment to a common-law dissolution claim.
Continue Reading Another Door Closes to Federal Court in Judicial Dissolution Cases