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27 Jan 2017, 6:08 am
Evidence from Unicorns Posted by Yao Zeng, University of Washington, on Monday, January 23, 2017 Tags: Boards of Directors, Capital formation, Cash flows, Dual-class stock, Institutional Investors, Liquidity, Mutual funds, Oversight, Private equity, Private firms, Risk, Tech companies, Venture capital firms “Fair Value” to be Determined by Merger Price—Merion v. [read post]
13 Jan 2025, 3:13 am by Peter J. Sluka
” In reading the Court’s opinion here, I’m reminded of another decision from Justice Platkin, which similarly held that employee-shareholders subject to a written, at-will employment agreement, were not oppressed when their employment was terminated, Laurilliard v McNamee Lochner, P.C., 79 Misc 3d 1220(A) (Sup Ct Albany Co 2023) (discussed here), and an Appellate Division decision of the same ilk, Kavanaugh v Consumers Beverages, Inc., 205 NYS3d 637… [read post]
15 Apr 2024, 4:37 am by Peter J. Sluka
On the other hand, less than a year ago, I wrote about how the combination of at-will employment and a mandatory share redemption clause could leave ousted shareholders out in the cold (Laurilliard v McNamee Lochner, P.C., 79 Misc 3d 1220(A) [Sup Ct Albany Co 2023]). [read post]