In contrast to close corporations, the freeze-out of an LLC’s minority member, without more, does not suffice to plead a valid claim for judicial dissolution, according to an appellate ruling earlier this month in Doyle v. Icon, LLC. It’s in this week’s New York Business Divorce.
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LLC Dissolution
The Emerging Influence of 1545 Ocean Avenue on Judicial Dissolution of LLCs

By Peter A. Mahler on
Posted in LLCs
The Appellate Division, Second Department’s breakthrough decision in the 1545 Ocean Avenue case, in which the court redefined the standard for judicial dissolution of LLCs, recently marked its one-year anniversary. This week’s New York Business Divorce looks at several recent trial court decisions by Justices Warshawsky, Strauss and Pines in LLC dissolution cases to see how the new standard has fared.
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Continue Reading The Emerging Influence of 1545 Ocean Avenue on Judicial Dissolution of LLCs