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19 Oct 2020, 4:19 am
The Doctrine of Common-Law Dissolution The doctrine of common-law dissolution dates back to a series of lower court opinions culminating in the Court of Appeals’ decision in Liebert v Clapp, 13 NY 2d 313 [1963]). [read post]
24 May 2021, 3:56 am
Under the case law, common-law dissolution requires the minority shareholder to show, as articulated by the Court of Appeals in Leibert v Clapp, that “the directors and majority shareholders . . . so palpably breached the fiduciary duty they owe to the minority shareholders that they are disqualified from exercising the exclusive discretion and the dissolution power given to them by statute. [read post]
25 Jan 2012, 12:51 pm
Before founding Clapp Business Law, LLC, Ms. [read post]
28 Jun 2022, 6:40 am
District Court for the Eastern District of Louisiana, which ruled that the noncompete was invalid under Louisiana law because Clapp was not an employee when he signed it. [read post]
5 Apr 2021, 3:48 am
” Another is the Delaware Chancery Court’s 2015 decision in the Carlisle case where Vice Chancellor Laster held that the assignee of an LLC membership interest, who as a non-member lacked standing to seek dissolution under the Delaware LLC Act, nonetheless could seek dissolution under the Chancery Court’s common-law authority as a court of equity. [read post]
26 Dec 2018, 1:54 pm
Harvard Law’s Caselaw Access Project had completed its project to digitize all U.S. case law, some 6.4 million cases dating all the way back to 1658. [read post]
