A recent appellate ruling provides the perfect excuse for revisiting a favorite topic, namely the powers of an estate representative of a deceased LLC member.
Continue Reading Score Another Round for the Estate: First Department Upholds Right of Deceased LLC Member’s Executor to Pursue Member Rights
An eight-year litigation saga in a dispute over a below-market sale of shares in a realty holding company came to end last month when the Appellate Division, First Department, affirmed an order dismissing the complaint in Gourary v Laster. Read more in this week’s New York Business Divorce.
Continue Reading Dead Men Tell No Tales of Shareholder Buy-Outs Gone Sour