Closely Held Businesses, Limited Liability Company (LLC), Business Disputes

The Valuation Discount That No One Can Agree On, Still

Farrell Fritz, P.C. on 11/24/2025

In valuation disputes, the Discount for Lack of Marketability rarely behaves. Courts disagree about it, lawyers and experts litigate it to exhaustion, and business divorce cases often see seven-figure swings based on the...more

This Ain’t Football: Pa. Superior Court Lets A Receiver Call The Plays

Robson & Robson, P.C. on 11/24/2025

I love endurance sports, and I work out incessantly. But I don’t watch sports or know much about them. Before hanging out with a group other men, I ask my wife to give me a summary of which local sports teams have recently...more

Conditional Grants of Membership Interests Are a Roadway to Courtroom Conflict

Farrell Fritz, P.C. on 9/10/2024

In the world of business divorce litigation, this summer saw everything but a slowdown. We witnessed (and blogged about) Justice Crane cap a long-running fair value proceeding with helpful guidance on appraisals and...more

Surrogate’s Court Jurisdiction to Resolve Close Business Owner Disputes

Farrell Fritz, P.C. on 8/28/2023

Do New York’s Surrogate’s Courts have jurisdiction to compel an accounting related to a non-party limited liability company in which the decedent’s estate has only a minority interest? ...more

Greetings from the American Bar Association’s 2023 LLC Institute

Farrell Fritz, P.C. on 6/12/2023

Over its three-decade rise to the closely-held business entity of choice, the Limited Liability Company has won a special place in our hearts. The majority of disputes we litigate and blog about concern ownership of or...more

Why Do You Need a Buy-Sell Agreement for Your Closely Held Company?

Ward and Smith, P.A. on 11/21/2016

Why do you need a Buy-Sell Agreement for your closely held company? In a nutshell, your business partner might die, become disagreeable, or just simply lose his or her mind, and you need a set of rules to resolve the matter....more