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14 Mar 2016, 3:39 am by Peter Mahler
The case is called Verghetta v Lawlor, and you can read here Justice Scheinkman’s 33-page post-trial decision dated March 9, 2016, the opening paragraph of which aptly sets the stage for the fair-value drama that follows, starring dueling appraisals over two thousand percent apart: This Court is called upon to determine the value of two corporate entities for purposes of permitting the buy-out of a minority shareholder. [read post]
23 Nov 2015, 3:21 am by Peter Mahler
  (Justice Carolyn Demarest’s opinion in Board of Managers v Chocolate Partners, LLC, 2014 NY Slip Op 50754(U) [Sup Ct Kings County 2014] and the Bankruptcy Court’s opinion in In re Die Fliedermaus LLC, 323 BR 101 [SDNY 2005], are good places to start for anyone interested in learning more on the subject.) [read post]
8 Jun 2015, 3:26 am by Peter Mahler
Delaware Court Looks “Beyond the Purpose Clause” Just last week, in Meyer Natural Foods LLC v Duff, C.A. [read post]
14 Jul 2014, 3:20 am by Peter Mahler
One of three, equal shareholders in a family-owned business licensed by the state liquor authority was convicted of a felony. [read post]
30 Jun 2014, 2:28 am by Peter Mahler
Justice Demarest answered “yes” in a decision earlier this month, in Camuso v Brooklyn Portfolio LLC, 2014 NY Slip Op 50940(U) [Sup Ct, Kings County June 9, 2014]. [read post]
28 Dec 2013, 6:21 am by Joel R. Brandes
The court therefore acted properly in ordering him to pay the fees under an account stated theory (Shaw v. [read post]
15 Dec 2013, 9:01 pm by Neil Cahn
However, in its December 5, 2013 opinion in Venecia V. v August V., the Appellate Division, First Department, held that no malpractice had been committed, and no hearing was required to reach that conclusion. [read post]