This week’s New York Business Divorce features an intra-family battle concerning the precise contours of admittance as a “full” member of the family business.
For Embattled Bich Family, “Full Membership” Requires Admittance Without Precondition
Don’t Let the Deal Get Ahead of the Documents
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.
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Finding Purpose Outside the LLC Agreement
The test for dissolution of an LLC includes whether its purpose as defined in the LLC agreement is no longer achievable. This week’s New York Business Divorce looks at cases, including a Delaware Chancery Court decision released days ago, in which courts have looked outside the agreement to determine the LLC’s purpose.
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