Special Litigation Committee

Subscribe to Special Litigation Committee via RSS

LLCs, Direct vs. Derivative Claims, and Special Litigation Committees: A Lively Debate

By Peter A. Mahler on June 20, 2022

Posted in Derivative Actions, LLCs, RULLCA

This week’s New York Business Divorce offers readers a preview of two thought provoking articles by Professors Donald Weidner and Daniel Kleinberger published as point/counter-point in the current issue of The Business Lawyer on the subject of LLCs, the direct-derivative distinction, and Special Litigation Committees. …
Continue Reading LLCs, Direct vs. Derivative Claims, and Special Litigation Committees: A Lively Debate

Summer Shorts: Three Must-Read Decisions

By Peter A. Mahler on August 28, 2017

Posted in Buyout, Compulsory Buyout, Deadlock, Delaware, Derivative Actions, Family-Owned Businesses, Grounds for Dissolution, LLCs, Summer Shorts, Valuation, Valuation Discounts

This 7th annual edition of Summer Shorts presents brief commentary on three must-read decisions in business divorce cases involving the use of special litigation committees in derivative actions by LLC members; dissolution of a family-owned real estate holding corporation and LLC; and a Delaware case in which Chancery Court ordered dissolution of a deadlocked LLC co-owned by celebrity chef Gordon Ramsay. …
Continue Reading Summer Shorts: Three Must-Read Decisions