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New York Business Divorce

Commentary on Dissolution and Other Disputes Among Co-Owners of Closely Held Business Entities

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“Irreparable Harm” and Injunctions in Close Business Owner Disputes

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By Franklin C. McRoberts on December 11, 2023
Posted in Corporate Governance, Partnerships

In this week’s New York Business Divorce, read about some of the many ways courts find “irreparable harm” warranting injunctive relief in business divorce disputes. …
Continue Reading “Irreparable Harm” and Injunctions in Close Business Owner Disputes

Principles of Fiduciary Deference: The Business Judgment Rule and Exculpatory Clauses

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By Franklin C. McRoberts on May 23, 2022
Posted in Derivative Actions, Family-Owned Businesses

In this week’s New York Business Divorce, read about the latest chapter in a long-running litigation saga between the son and daughter of artist Peter Max fighting for control of their family-owned corporation.
Continue Reading Principles of Fiduciary Deference: The Business Judgment Rule and Exculpatory Clauses

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