In this week’s New York Business Divorce, read about the outcomes of two pre-answer dismissal motions in parallel lawsuits commenced by the founding shareholder of a family-owned corporation challenging a cash-out merger initiated against him by the second-generation owners, including his cousins and nephew.
Continue Reading Questions Abound in Parallel Cash-Out Merger Rescission / Fair Value Appraisal Lawsuits
business appraisal
This Single-Appraiser Buy-Sell Agreement Was Asking for Trouble
This week’s New York Business Divorce highlights a recent decision by Justice Joel M. Cohen in a fascinating, high stakes case involving an allegedly “rigged” appraisal pursuant to a repurchase option in an LLC agreement. …
Continue Reading This Single-Appraiser Buy-Sell Agreement Was Asking for Trouble
How to Initiate a Fair Value Appraisal Proceeding – a Dissenter’s Checklist
In this week’s New York Business Divorce, we go step-by-step through a tricky process, confusing to many: the procedures leading up to the commencement of a fair value appraisal proceeding.
Continue Reading How to Initiate a Fair Value Appraisal Proceeding – a Dissenter’s Checklist
5 Reasons to Get a “Quick-and-Dirty” Appraisal in Business Divorce Cases
The so-called “quick and dirty” business appraisal can serve a number of highly useful purposes in the early stages of a business divorce, as explained in this week’s New York Business Divorce. …
Continue Reading 5 Reasons to Get a “Quick-and-Dirty” Appraisal in Business Divorce Cases