Search for: "Matter of Kassab v Kasab" Results 1 - 12 of 12
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25 Jun 2018, 3:41 am by Peter Mahler
Justice Dufficy’s ruling in Matter of Kassab v Kasab, 2018 NY Slip Op 50934(U) [Sup Ct Queens County June 11, 2018], comes on the heels of a post-trial decision last year in a related case brought by Nissim in which Justice Dufficy conditionally ordered dissolution of their corporation known as Corner 160 Associates, Inc. [read post]
28 Mar 2016, 3:28 am by Peter Mahler
Here, since this Court has determined, in a companion appeal, that the petitioner failed to state a cause of action for the judicial dissolution of the LLC pursuant to Limited Liability Company Law § 702, there is no basis to invoke the equitable remedy of a buyout (see Matter of Kassab v Kasab, _____ AD3d _____ [Appellate Division Docket No. 2014-03785]). [read post]
28 Mar 2016, 3:28 am by Peter Mahler
Here, since this Court has determined, in a companion appeal, that the petitioner failed to state a cause of action for the judicial dissolution of the LLC pursuant to Limited Liability Company Law § 702, there is no basis to invoke the equitable remedy of a buyout (see Matter of Kassab v Kasab, _____ AD3d _____ [Appellate Division Docket No. 2014-03785]). [read post]
28 Mar 2016, 3:28 am by Peter Mahler
Here, since this Court has determined, in a companion appeal, that the petitioner failed to state a cause of action for the judicial dissolution of the LLC pursuant to Limited Liability Company Law § 702, there is no basis to invoke the equitable remedy of a buyout (see Matter of Kassab v Kasab, _____ AD3d _____ [Appellate Division Docket No. 2014-03785]). [read post]
9 Mar 2015, 3:24 am by Peter Mahler
Apparently so, at least in the recent case of Kassab v Kasab involving a corporate dissolution battle between two brothers, one of whom was held in contempt of court for using company funds to pay legal fees in violation of the court’s prior order prohibiting transactions “except in the ordinary course of business. [read post]
28 Aug 2017, 3:39 am by Peter Mahler
Post-Petition Oppressive Conduct Warrants Order of Dissolution Absent Buy-Out Kassab v Kasab, 56 Misc 3d 1213(A), 2017 NY Slip Op 50986(U) [Sup Ct Queens County Aug. 3, 2017]. [read post]
28 Aug 2017, 3:39 am by Peter Mahler
Post-Petition Oppressive Conduct Warrants Order of Dissolution Absent Buy-Out Kassab v Kasab, 56 Misc 3d 1213(A), 2017 NY Slip Op 50986(U) [Sup Ct Queens County Aug. 3, 2017]. [read post]
19 Feb 2018, 3:22 am by Franklin C. McRoberts
Doctrinal Limit – Petitioner Must Have a Viable Dissolution Claim The most recent appellate decision considering equitable buyouts, Kassab v Kasab, 137 AD3d 1138 [2d Dept 2016], set a basic threshold requirement – “there is no basis to invoke the equitable remedy of a buyout” unless the petitioner can “state a cause of action for the judicial dissolution of the LLC pursuant to Limited Liability Company Law § 702. [read post]
3 Sep 2018, 8:01 pm by Franklin C. McRoberts
Examples of such cases include Chiu v Chiu, 125 AD3d 824 [2d Dept 2015], and Kassab v Kasab, 56 Misc 1213(A) [Sup Ct, Queens County 2017]. [read post]