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12 Jun 2023, 2:27 am
While Massachusetts has a statutory scheme similar to New York’s—including a provision stating that dissent and appraisal is the frozen-out members’ exclusive remedy—the State’s highest Court, in Allison v Eriksson, 98 NE3d 143, 146 (Mass. 2018) held that the Court may still “provid[e] the dissenting members with an equitable remedy other than the statutory right of distribution. . . . [read post]