Zwarycz

The Doctrine of Tax Estoppel in Ownership Status Disputes

By Franklin C. McRoberts on October 11, 2021

Posted in Derivative Actions, Dissolution Basics, Professional Corporations, Standing

In this week’s New York Business Divorce, read about the history and development of the doctrine of tax estoppel, including two strands of competing case law emanating from a pair of New York State Court of Appeals decisions reaching opposite conclusions about the extent to which one may prove ownership status in a closely-held business based upon estoppel.
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Fifty Years a Stockholder, Six Years to Prove it in Court

By Peter A. Mahler on July 27, 2015

Posted in Access to Books and Records, Deadlock, Standing

An appellate ruling last week in Zwarycz v, Marnia Construction, Inc. illustrates the heavy price of neglect to issue stock certificates or follow other formalities in closely held corporations — a price paid in years of litigation over stock ownership. Learn more in this week’s New York Business Divorce. …
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