Grays

#MeToo and Business Divorce: The Flip Side

By Franklin C. McRoberts on November 29, 2021

Posted in Corporate Governance, Delaware, Derivative Actions, Grounds for Dissolution

In this week’s New York Business Divorce, read about a recent appeals court decision in which an elderly male business founder alleged he was ousted from the company and his reputation smeared based upon false allegations of sexual harassment allegedly solicited by a hostile male CEO. Do these allegations equate to a viable claim for breach of fiduciary duty against the CEO? Find out in this week’s New York Business Divorce. …
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Case Illustrates Power of Constructive Trust to Establish Stock Ownership

By Peter Mahler on October 8, 2012

Posted in Derivative Actions, Family-Owned Businesses, Standing

The equitable remedy of constructive trust comes to the rescue of a minority shareholder in a family-owned business in Quadrozzi v. Estate of Quadrozzi, decided last week by the Appellate Division, Second Department. It’s in this week’s New York Business Divorce.
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