Disputes over shareholder buy-outs continue to generate interesting court decisions addressing whether the purchasing controller has an affirmative, fiduciary duty of disclosure, as in Brummer v. Red Rabbit, LLC, highlighted in this week’s New York Business Divorce.
Continue Reading Another Case of Seller’s Remorse Bites the Dust
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Pappas v. Tzolis: A Revealing Epilogue
By Peter A. Mahler on
Pappas v. Schatz, recently decided by Justice Melvin Schweitzer, is a postscript to the more famous Pappas v. Tzolis case decided by New York’s highest court in late 2012 concerning a disputed buy-out of LLC membership interests. Get the story in this week’s New York Business Divorce. …
Continue Reading Pappas v. Tzolis: A Revealing Epilogue