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Business Appraiser Liability? That’s a New One.

By Franklin C. McRoberts on April 28, 2025

Posted in LLCs, Operating Agreement, Valuation

Business appraiser liability? A minority owner of an LLC recently took a run at it, alleging that a valuation firm conspired with the majority owners to undervalue his interest for a compelled buyout under the operating agreement. Learn how the court handled this novel issue in this week’s New York Business Divorce.
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Operating Agreement Defeats Statutory Buyout Rights Upon LLC Member’s Withdrawal

By Peter A. Mahler on December 11, 2017

Posted in Buyout, Derivative Actions, LLCs, Operating Agreement, Standing

The Appellate Division, Second Department last week decided a trio of appeals in related cases concerning the consequences of an LLC member’s withdrawal, holding that the member was not entitled to a fair-value buyout and that upon withdrawal he lost standing to maintain derivative claims. Read all about it in this week’s New York Business Divorce. …
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