dissolution waiver

New Year, New Law – New Opacity – for LLC Owner Disputes

By Franklin C. McRoberts on February 16, 2025

This week in New York Business Divorce, read about what appears to be the first New York appeals court decision to enforce a waiver-of-dissolution provision in an LLC operating agreement, a departure from prevailing appellate case law holding broad anti-dissolution provisions void as against public policy.
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Anti-Dissolution Provisions and Public Policy

By Franklin C. McRoberts on March 14, 2022

Posted in Arbitration and Mediation, Buyout, Dissolution Defenses

In this week’s New York Business Divorce, read about the history and development of case law in New York over the past 25 years holding potentially void as against public policy provisions in partnership, shareholders, and operating agreements barring closely-held business owners from petitioning courts to dissolve the entity.
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