Search for: "Pappas v. Tzolis"
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31 May 2021, 7:51 pm
The New York Court of Appeals’ 2012 opinion in Pappas v Tzolis, decided in the wake and spirit of that court’s rulings the year before in the Centro Empresarial v America Movil and Arfa v Zamir cases, raised the bar for claims of fraud and breach of fiduciary duty brought by non-controlling shareholders and LLC members in connection with buyout transactions. [read post]
2 Jun 2014, 3:20 am
Hardcore students of business divorce will remember Pappas v. [read post]
22 Oct 2012, 3:45 am
That’s the question confronting the New York Court of Appeals, the state’s highest court, in Pappas v. [read post]
22 Oct 2012, 3:45 am
That’s the question confronting the New York Court of Appeals, the state’s highest court, in Pappas v. [read post]
3 Dec 2012, 2:00 am
Pappas v. [read post]
18 Sep 2011, 7:29 am
Div case, Pappas v. [read post]
28 Mar 2010, 11:30 pm
(Yes, trivia fans, this is the same Tzolis of Tzolis v. [read post]
10 Feb 2012, 11:53 am
Pappas v. [read post]
16 Nov 2013, 4:44 pm
Recently, in late 2012, the New York’s highest court enforced a contractual waiver of fiduciary duties among LLC members in Pappas v. [read post]
19 Sep 2011, 3:00 am
Last week, over a vigorous two-judge dissent, a three-judge majority in Pappas v. [read post]
12 Mar 2010, 2:34 am
DISTRICT COURTSOUTHERN DISTRICT OF NEW YORKCivil Practice Non-Party May Intervene, but Not Unseal, Confidential Documents in Underlying Litigation NEW YORK COUNTYBusiness Law Breach of Fiduciary Duty Claim Dismissed as Parties Contracted Out Fiduciary Duties to Each Other Pappas v. [read post]
31 Dec 2012, 2:00 am
Pappas v. [read post]
27 Feb 2023, 4:34 am
On the one hand, the deceased member had the common-law right under Tzolis v Wolff to sue derivatively for injury to the LLC and the statutory right under Section 702 of the LLC law to petition for dissolution of the LLC. [read post]
3 Jun 2013, 3:29 am
Those of you who followed the Pappas v. [read post]
11 Jan 2021, 4:46 am
The upshot of the three cases — Centro Empresarial v America Movil, Arfa v Zamir, and Pappas v Tzolis — is that it depends not only on the particular language of the waiver or release but also on the sophistication of the complaining party and whether, at the time of the transaction, the complaining party had reason to distrust the other party such that it could not reasonably rely on the latter’s representations. [read post]
19 Jan 2015, 3:29 am
It’s a type of deal protection, for example, that would have avoided the seller’s remorse suffered by the unsuccessful plaintiffs in the well-known New York case, Pappas v Tzolis, who sold their majority stake for $1.5 million to the minority owner who, within months, sold the company’s sole asset to a third party for $17.5 million. [read post]
