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New York LLC Caselaw's Greatest Hits | Farrell Fritz, P.C.

I recently had the privilege of speaking to an audience of judges of the New York Supreme Court Commercial Division at Fordham Law School’s Eileen Bransten Institute on Complex. ....

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The Magnolia State Wins the Prize for Novel Alternative Remedies in LLC Dissolution Cases | Farrell Fritz, P.C.

New York courts are not in the vanguard when it comes to devising less drastic, alternative remedies in LLC judicial dissolution cases. In their defense, there’s nothing. ....

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The Magnolia State Wins The Prize For Novel Alternative Remedies In LLC Dissolution Cases - Shareholders

New York courts are not in the vanguard when it comes to devising less drastic, alternative remedies in LLC judicial dissolution cases. ....

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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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On the Menu: Steak and Equitable Dissolution | Farrell Fritz, P.C.

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Fine dining and business divorce crossed paths in a recently decided case featuring a lengthy battle between co-equal ownership factions of the corporation that operates
Delmonico’s, the renowned Manhattan restaurant established in the early 19th century and famous for its signature dish, the Delmonico steak, among other dining firsts.
Delmonico’s can now lay claim to another first, though not of the edible kind. Last month, a New York Supreme Court judge of the Manhattan Commercial Division entered final judgment granting “equitable dissolution” of the restaurant corporation known as Ocinomled Ltd. Delmonico spelled backwards and ordering the respondent shareholders who were found to have engaged in oppressive conduct to forfeit their stock holdings. ....

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