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New York Business Divorce

Commentary on Dissolution and Other Disputes Among Co-Owners of Closely Held Business Entities

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Delaware Court of Chancery Grants Deadlock Dissolution Petition for LLC

By Peter Mahler on February 2, 2009

Posted in Deadlock, Delaware, Grounds for Dissolution, LLCs

This week’s New York Business Divorce highlights an important new decision by the Delaware Court of Chancery granting a petition for dissolution of a deadlocked and financially crippled limited liability company.
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