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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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Two Entities, Two Outcomes: Withdrawal and the Right to an Accounting

By Franklin C. McRoberts on September 21, 2020
Posted in Buyout, Derivative Actions

This week’s New York Business Divorce compares two cases of closely-held business owner withdrawal, one involving an LLC, the other a general partnership, one resulting in a right to an accounting, the other not. Why the difference? Read on to find out.
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Business Divorce Roundtable Podcast

Hosted by Peter A. Mahler, Partner

The Business Divorce Roundtable presents lively conversations with top experts from a variety of fields – lawyers, judges, mediators, appraisers, accountants, and academicians – on the legal and practical issues including business valuation that business owners and their professional advisors need to know to navigate the turbulent waters of a business partnership breakup.

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