Most ECVC lawyers can recite from memory the basic architecture of venture anti-dilution protection. The standard NVCA formulation adjusts downward the conversion price of preferred stock when the company issues additional equity at a lower price, subject to a familiar
Rule 2106 of the CPLR permits a written affirmation, made under penalty of perjury, to be submitted in place of an affidavit, carrying the same legal effect in New York civil proceedings. Since the amendment took effect on January 1,
Litigation over who is—and who is not—a member of a limited liability company has become a defining feature of LLCs. The ease with which parties form LLCs, coupled with the informality with which they often operate them, has spawned a
Every so often a case comes along that reads less like a business dispute and more like a cautionary tale about the perils arising out of unwritten deals among friends. As we’ve written about before, these cases can be
Farrell Fritz is excited to host the 2026 Mentoring Committee Program kick-off event, organized by NYSBA’s Commercial & Federal Litigation Section, next week on April 21, 2026, at 6:30 p.m. at Farrell Fritz’s New York City office (622 3rd Avenue,
As I have written in the past, and repeat here, the statutes and judge-made law governing disputes among co-owners of closely held entities can vary significantly from state to state. Depending on the state, there also can be much in common,
Three states, three LLC disputes, three appellate rulings. Who could ask for more?
In 2024, the New York Legislature enacted Real Property Law (“RPL”) § 424, which codified New York’s public policy in favor of transfer-on-death deeds that provide for real property to pass to beneficiaries named therein upon property owners’ deaths (
This one hurts to write about (from a trial lawyer’s perspective). Imagine this:
This one hurts to write about (from a trial lawyer’s perspective). Imagine this:
