Groundbreaking Appellate Ruling Boosts LLC Cash-Out Mergers | Farrell Fritz, P.C.
To embed, copy and paste the code into your website or blog: For law bloggers, if there’s one thing more satisfying than writing about an important new court decision, it’s writing about an important new court decision that you won for your client. Last week, the Brooklyn-based Appellate Division, Second Department, unanimously ruled in favor of my clients, construing for the first time at the appellate level two sections of New York’s LLC Law with profound effect on the ability of controlling members of LLCs to oust minority members by means of a cash-out merger. First, reversing in pa...
Source: jdsupra.com