The right of first refusal, commonly used to restrict stock transfers in closely held corporations, continues to live up to its reputation as one of the most reliable generators of employment for litigation attorneys in Giaimo v. EGA Associates Inc., in which the Appellate Division, First Department, recently reversed a lower court’s ruling denying summary judgment in a battle for corporate control between brother and sister. It’s in this week’s New York Business Divorce.
Continue Reading Court Invalidates Control-Shifting Stock Transfer Made in Violation of Corporation’s Right of First Refusal
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Can Corporate Dissolution Proceedings Be Brought in Federal Court?

By Peter A. Mahler on
Can corporate dissolution cases be brought in federal court when there’s diversity of citizenship among the shareholders and the corporation? Get the answer in this week’s New York Business Divorce.
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Continue Reading Can Corporate Dissolution Proceedings Be Brought in Federal Court?