Eagle Force v. Campbell, decided earlier this month by the Delaware Chancery Court, is a fascinating cautionary tale of the perils of signing and then trying to enforce incomplete business formation agreements. Get the story in this week’s New York Business Divorce.
Continue Reading Don’t Let the Deal Get Ahead of the Documents
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Dissolution Battle Over Heavily Indebted Business Yields $1 Buy-Outs
By Peter A. Mahler on
Call it the case of the underwater watering hole. This week’s New York Business Divorce looks at a recent post-trial decision by Justice Carolyn Demarest ordering $1 buy-outs of the petitioners’ shares in a debt-laden business that operates a neighborhood bar. …
Continue Reading Dissolution Battle Over Heavily Indebted Business Yields $1 Buy-Outs