When a shareholder petitions for dissolution, many states have statutes allowing the corporation to respond by buying out the complaining shareholder. This week’s post takes a look at several recent decisions concerning buyout elections across the country.
Continue Reading A Cross-Country Road Trip of Elections to Purchase in Dissolution Proceedings
corporate governance
The Corporation is Becoming More Contract Focused, But Don’t Call it an LLC Just Yet
By Peter J. Sluka on
Posted in Corporate Governance, LLCs
We’re blurring the lines between the corporation and the LLC. But I’d still rather be a minority shareholder in a New York corporation than a minority owner of a New York LLC. Find out why in this week’s post.
Continue Reading The Corporation is Becoming More Contract Focused, But Don’t Call it an LLC Just Yet