This week’s New York Business Divorce offers a trifecta of sorts, offering summaries of three recent decisions, one involving an LLC, another a partnership, and another a close corporation.
Recent Decisions Enforce LLC Member’s Right of First Refusal, Restrict Partnership Accounting, Invalidate Shareholder’s Post-Mortem Buyout
By Peter Mahler
This week’s New York Business Divorce offers a trio of recent decisions: One involving an LLC. One involving a partnership. One involving a close corporation. All of interest to business divorce aficionados.…
Commercial Division Says “No Chance” on “Second Chance” Deposition of a Corporate Representative

Commercial Division Rule 11-f establishes that a party may serve a notice or subpoena on any legal or commercial entity. Upon receiving this notice, the responding party must then designate and produce a corporate representative for the deposition, who is…
Second Department Rejects Private Auction for Deadlocked Corporation
Misappropriated Watering Hole Becomes Money Judgment Sinkhole
Fair Value Awards: A Matter of Interest
By Peter Mahler
A Cross-Country Road Trip of Elections to Purchase in Dissolution Proceedings
Signed, Sealed, Delivered

Under Section 216.1(a) of the Uniform Rules for Trial Courts (“Section 216.1(a)”), courts are authorized to seal documents “upon a written finding of good cause, which shall specify the grounds thereof.” Section 216.1(a) states that “whether good cause has been…