Remember the “purposeless purpose clause” that featured prominently in last summer’s appellate ruling in the LLC dissolution case, Mace v Tunick? On remand, following a trial, Justice Alan Scheinkman once again dismissed the case. Find out why in this week’s New York Business Divorce.
Continue Reading The Purposeless Purpose Clause Makes a Comeback — Or Does It?
Mace v Tunick
Top 10 Business Divorce Cases of 2017

By Peter A. Mahler on
Posted in Annual Top 10 Cases
New York Business Divorce proudly presents its tenth annual list of the past year’s ten most noteworthy business divorce cases, along with short summaries and links to prior posts on the featured cases. …
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“Where’s the Beef?” Says Appeals Court, Reversing LLC Dissolution

By Franklin C. McRoberts on
After more than two years in receivership, an appeals court gives a dissolved LLC a new lease on life because the petitioners “offered no competent evidentiary proof” why the entity should have been dissolved. We take a closer look in this week’s New York Business Divorce.
Continue Reading “Where’s the Beef?” Says Appeals Court, Reversing LLC Dissolution