In New York, the common law right to judicial dissolution of a closely held corporation has existed for about 50 years, but there have few reported cases on the subject, which gives all the more reason to read this week’s New York Business Divorce highlighting an important decision earlier this month by Justice Alan Scheinkman in White v. Fee, denying a motion to dismiss a common law dissolution claim involving a family-owned business.
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Continue Reading Court Upholds Complaint Seeking Common Law Dissolution of Family-Owned Business