10Feb
Second Department Limits Plaintiff to Appraisal Remedy Under New York LLC Law After a Freeze-out Merger
In Farro v. Schochet, the Second Department recently held that §1002 of the NY LLC Law restricted a dissenting member’s remedy to an appraisal for the fair value of his interest in the business after a freeze-out merger. Thus, the Court reduced the legal remedies for a minority LLC member that lacked protections in the operating agreement against the merger....
By:
Patterson Belknap Webb & Tyler LLP
Related
In today’s edition Sunday Book Review edition of Daily Compliance News we honor the author Andrea C...
Read More >
Construction disputes can be complicated. There are often disputes between the parties about the qua...
Read More >
My VC Fund has U.S. and non-U.S. General Partners, will I need to file CFIUS declarations for every ...
Read More >
As we approach the New Year, employers should keep in mind that several updates to the New York Paid...
Read More >
Seyfarth Synopsis: After over a decade of litigation between the EEOC and trucking company CRST Van ...
Read More >
December 1 is the deadline for broadcast stations licensed to communities in Alabama, Colorado, Conn...
Read More >