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Dissolution

Farrell Fritz, P.C.

A Tale as Old as Time: Commercial Division Reiterates that Fiduciary Duty Remains a Pillar of Commercial Law

Farrell Fritz, P.C. on

Fiduciary duty claims between closely-held business owners are commonplace in litigation before the Commercial Division. A decision last fall from Suffolk County Commercial Division Justice James C. Hudson in Matter of Lehan...more

Hone Maxwell

What Are the Options for Closing a Suspended CA LLC?

Hone Maxwell on

Suspended California LLCs create significant compliance problems for owners, especially foreign single-member owners like non-US residents who formed the entity but ended up abandoning it after it was formed....more

Farrell Fritz, P.C.

The Pick-Your-Partner Principle

Farrell Fritz, P.C. on

They say inertia is the strongest force in the universe. It can be the strongest force in litigation too, where business owners sometimes have to endure endless years, countless dollars, and incalculable torment just to...more

Farrell Fritz, P.C.

But, IS Loss Sharing an “Indispensable Element” of Partnership? Not If You Contract Around It.

Farrell Fritz, P.C. on

Happy 2026 to all! A new year offers a new opportunity to shed the old and embrace the new. So, it is fitting that we kick off another year on New York Business Divorce with a case that involves a little old and a little...more

Farrell Fritz, P.C.

Top 10 Business Divorce Cases of 2025

Farrell Fritz, P.C. on

Welcome to our 18th annual edition of the Top 10 business divorce cases featured on this blog over the past year. This year’s selections include a split decision by the New York Court of Appeals in a fascinating case...more

Pillsbury Winthrop Shaw Pittman LLP

Developments in Nonprofit and Association Law 2024–2025

The following is a review of notable cases and regulatory developments for associations and other nonprofit organizations at the federal and state levels during the last year, organized by the following categories: ...more

Dorsey & Whitney LLP

Department of Education Announces Six New Interagency Partnerships Aimed at “Breaking Up the Federal Education Bureaucracy”

Dorsey & Whitney LLP on

On November 18, 2025, the U.S. Department of Education (“ED”) announced six new interagency agreements (“IAAs”) designed to reassign responsibilities traditionally vested with ED to four other federal agencies. ...more

PilieroMazza PLLC

Managing Litigation Risk During the Business Lifecycle, Part 7: Deadlock, Dissolution and Business Break-ups

PilieroMazza PLLC on

In the lifecycle of a closely held company—whether a limited liability company, a small corporation, or a joint-venture partnership—there are critical transitions that expose a business and its owners to considerable...more

Robson & Robson, P.C.

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

Robson & Robson, P.C. on

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

Farrell Fritz, P.C.

Score Another Round for the Estate: First Department Upholds Right of Deceased LLC Member’s Executor to Pursue Member Rights

Farrell Fritz, P.C. on

In recent years this blog has closely followed caselaw developments concerning the powers of estate representatives of deceased LLC members to exercise member rights under Section 608 of the LLC Law....more

Farrell Fritz, P.C.

Indecision Has a Price: Withdraw Lawsuit, Pay Hefty Fee Award

Farrell Fritz, P.C. on

Nature or nurture? Some lawsuits become unwise after years of development. Some are just born that way....more

Farrell Fritz, P.C.

Too Much Spin on the Numbers: What a Law Firm Breakup Teaches About Valuation Disputes

Farrell Fritz, P.C. on

When done well, valuation disputes are among the most interesting and rewarding cases to litigate.  But on the other hand, few things are more frustrating to a court than two obviously “hired-gun” experts both peddling...more

Tarter Krinsky & Drogin LLP

A Lesson in Corporate Veil Piercing Without Fraud

In a notable decision issued August 28, 2025, the New York Supreme Court, Appellate Division, First Department, in Rich v. J.A. Madison, LLC (Index No. 150305/18/Appeal No. 4049/Case No. 2024-05929)1, affirmed a trial court...more

Farrell Fritz, P.C.

Does This California Case Bolster the Argument Against Waiver of the Right to Seek Judicial Dissolution of New York LLCs?

Farrell Fritz, P.C. on

California lawyer and publisher of The LLC Jungle blog, Kevin Brodehl, recently posted about an interesting decision earlier this month by a California intermediate appellate court in a case called Meads v Driggers....more

Patton Sullivan Brodehl LLP

Operating Agreement Cannot Waive Member Right to Seek Judicial Dissolution of LLC

Among the important rights held by members of California LLCs is the right to file a lawsuit requesting a decree of judicial dissolution of the LLC.  Under the current judicial dissolution statutes (Corporations Code section...more

Davidoff Hutcher & Citron LLP

Resolving Deadlocks: What Happens When Restaurant Owners Disagree?

Running a restaurant with business partners can be rewarding, but even the strongest partnerships face moments of disagreement. When those disagreements escalate into a deadlock—where neither party can move forward—it can...more

Farrell Fritz, P.C.

Over the Limit: Can Equity Trump the Certificate of Incorporation’s Share Cap?

Farrell Fritz, P.C. on

We often remark anecdotally that disputes over ownership status—whether one is or is not an owner—seem far more common in the context of LLCs than corporations. The contrast between the often-permissive structure of the...more

Davidoff Hutcher & Citron LLP

Resolving Partnership Disputes in Restaurants: Key Legal Considerations

Partnership disputes are common in the restaurant industry, where high-stress environments, financial pressures, and differing business visions can create tension between partners. If not handled properly, these disputes can...more

Hendershot Cowart P.C.

How to Buy Out Your LLC Partner in Texas: The Complete Legal Guide

Hendershot Cowart P.C. on

Problems with a partner? You’re not alone. Our law firm routinely fields calls from business owners seeking to remove a partner who is inactive, engaging in unethical or illegal behavior, or otherwise disrupting operations....more

Conyers

From Dissolution to Liquidation: Creditor-Led Restoration of Dissolved BVI Companies

Conyers on

Restoration applications are nothing new in the BVI. With hundreds of thousands of active companies and many more struck off due to administrative oversight, BVI legal practitioners frequently find themselves advising clients...more

Awatif Mohammad Shoqi Advocates & Legal...

Is Divorce Through Whatsapp Valid Under UAE Law?

In the UAE, divorce and related matters are governed by the UAE family Law. Due to the presence of various communities coexisting in the country, the UAE government has enacted separate laws for Muslim and non-Muslim citizens...more

Davidoff Hutcher & Citron LLP

Fraud and Financial Misconduct in Restaurant Partnerships: Legal Recourse

Running a restaurant requires a delicate balance of creativity, management, and financial responsibility. When partners share ownership of a restaurant, each has a fiduciary duty to act in the business’s best financial...more

Farrell Fritz, P.C.

Beyond Fair Value: When Shareholder Oppression Demands Interest and Damages

Farrell Fritz, P.C. on

Shareholder oppression has long been a favorite topic of mine—for good reason.  A cornerstone of business divorce litigation, a claim of minority shareholder oppression under BCL 1104-a often invites creative argument over...more

Farrell Fritz, P.C.

A Message of Acceptance from the Garden State

Farrell Fritz, P.C. on

This week’s New York Business Divorce takes us to the Garden State for a delightfully-written, post-trial decision by retired, recalled Appellate Division Judge Clarkson S. Fisher, Jr....more

Carlton Fields

Florida Appeals Court Decisions Week of May 19 - 23, 2025

Carlton Fields on

U.S. Eleventh Circuit Court of Appeals - Middleton v. Hollywood Reporter - defamation, California limitations - Merritt Island Woodwerx v. Space Coast CU - arbitration - USA v. Doe - immigration, removal, failure to...more

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