The Commercial Division Advisory Council has released two proposed rule amendments for public comment — one requiring greater transparency in discovery cost-shifting requests, and another mandating pinpoint citations in Commercial Division filings.
Proposal No. 1: Transparency for Discovery Cost-Shifting Requests
This week, drawing inspiration from Peter Mahler’s annual Summer Shorts series of articles, we’ll feature a relatively pithy summary of an impressive post-trial decision from one of the finest judges sitting in our state capital, Albany County Commercial Division Justice
If you are company counsel advising an early-stage startup, the recent judgment in Gregg v. Cooley LLP should give you pause. On July 27, 2026, the Superior Court of New Jersey entered a judgment of over $25 million against Cooley
Shareholder oppression is a claim that minority owners make almost instinctively when a closely held business relationship breaks down. That instinct feeds a constant stream of litigants pushing courts to test the doctrine’s boundaries—what counts as oppression, what remedies it
How far can a CEO go in diverting a company’s most valuable assets to entities controlled by his spouse before the courts call it what it is: fraud? Paley v. Curious Holdings, LLC, 2026 NY Slip Op 50829(U) (Sup Ct
Last week, Becky Baek wrote a fine piece about LLC manager removal. Her case, Homapour v 3M Props., LLC, (___ AD3d ___, 2026 NY Slip Op 04371 [1st Dept July 9, 2026]), alluded to, without mentioning explicitly, the LLC
If you’ve spent any time around startup equity, you’ve probably heard someone describe the standard 90-day post-termination exercise window as a “trap for the well-meaning employee”. That is a little dramatic, but not entirely wrong. When an employee leaves the
The New York State Legislature recently enacted the Pied‑à‑Terre Tax (PAT) Surcharge, introducing a significant, additional annual real estate tax on certain high-value New York City residential properties that are not the owner’s primary residence – including single family residences,
Some business divorce cases are about money. Others are about control. Today’s case, Homapour v 3M Properties LLC, 2026 NY Slip Op 04371 (1st Dept 2026), is about both.As we often see with second and third generation closely-held family
Here we go again.My last outing on this blog analyzed a dispute over the consequences of a limited partner’s failure to meet a mandatory capital call. There, the Manhattan-based Appellate Division, First Department, held that under the Delaware limited
