The shareholder oppression claim under BCL 1104-a has a unique relationship with claims for money damages. A minority shareholder petitioning for dissolution under BCL 1104-a must establish that the ...

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 statute allows a ...

One normally does not associate business divorce and judicial dissolution litigation with an organization with over five million members. Last year witnessed a major departure from the norm when a ...

Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

QUESTION: I was a shareholder of a now-dissolved New Hampshire corporation. The company had outstanding promissory notes that were not settled at the time of dissolution. Years later, a debtor ...

Should you need to shutter your business, dissolving your LLC is a major part of closing down your operations. Going through the proper dissolution steps can protect you from potential liabilities. In ...

Pursuant to Section 280(a) of the Delaware General Corporation Law (DGCL). On November 7, 2022, InfiSense, Inc., a Delaware Corporation, filed a Certificate of Dissolution with the Delaware Secretary ...

A trio of significant rulings by the Appellate Division dominated the business divorce caselaw arena in 2023. The Second Department weighed in with a pair of rulings limiting the lower courts' ...