There are few issues involving LLCs more likely to generate litigation than the expulsion of a member, especially when the expelled member is denied any payout for its interest, as occurred in the case highlighted in this week’s New York Business Divorce.
Continue Reading Be Careful What You Say. It May Get You Expelled From Your LLC.
defamation
Sue for Dissolution – Get Sued for Defamation?
By Franklin C. McRoberts on
Posted in Family-Owned Businesses
If you bring a business divorce case, do you unwittingly expose yourself to a countersuit for defamation? A recent decision addresses that question in the context of withdrawn petitions by two brothers against their uncle to dissolve three family-owned businesses in this week’s New York Business Divorce.
Continue Reading Sue for Dissolution – Get Sued for Defamation?