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Business Divorce Cases Of 2023 - Shareholders

A trio of significant rulings by the Appellate Division dominated the business divorce caselaw arena in 2023. Peter A. Mahler and Mathew D. Donovan discuss the highlights of business divorce cases. ....

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At-Will Employment Agreement Plus Mandatory Redemption Clause Leaves Minority Shareholder-Employees Out in the Cold | Farrell Fritz, P.C.

At-Will Employment Agreement Plus Mandatory Redemption Clause Leaves Minority Shareholder-Employees Out in the Cold | Farrell Fritz, P.C.
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At-Will Employment Agreement Plus Mandatory Redemption Clause Leaves Minority Shareholder-Employees Out In The Cold - Shareholders

MiniCorp has five shareholders, all of whom are employees. Each shareholder's employment agreement states that they are an at-will employee of MiniCorp, and the shareholders agreement. ....

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Second Department Rejects Private Auction for Deadlocked Corporation | Farrell Fritz, P.C.

Resolving ownership disputes with a buyout at auction has a tempting simplicity. The buyout gives the owners the divorce they need. And the auction particularly a blind auction, in. ....

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Dueling Dissolution Petitions Beget Dissolution Without Consideration of Alternate Remedies | Farrell Fritz, P.C.

This blog frequently covers cases considering a shareholder’s request to dissolve a corporation under New York’s oppression-based corporate dissolution statute, BCL 1104-a. That. ....

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