Feinman

Court Orders In Camera Review of Corporate Records in Fraternal Dispute Over Stock Ownership

By Peter A. Mahler on June 4, 2012

Posted in Access to Books and Records, Family-Owned Businesses, Standing

A recent decision by Justice Paul Feinman in Ng v. Ng illustrates the dilemma faced by a putative, undocumented shareholder in a close corporation who needs access to the corporate kit, tax and financial records — which generally only recognized shareholders are given — to establish his ownership claim. See how the court resolved the issue, in this week’s New York Business Divorce.
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Rothko Damages Awarded for General Partner’s Undervalued Buyout of Limited Partners’ Interest in Realty Company

By Peter A. Mahler on May 30, 2011

Posted in Buyout, Partnerships

A recent decision by the Appellate Division, First Department, in Frame v. Maynard authorizes the imposition of so-called Rothko damages against a general partner who breaches fiduciary duty by misrepresenting the value of partnership assets when buying out the limited partners’ interests. Learn more in this week’s New York Business Divorce.
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