Topic
LLC Dissolution
98 published works
The Business Divorce Law Report
No Statutory Buyout, No Problem: How New York Courts Order Forced Buyouts in LLC Dissolution Cases
Key Takeaways: New York courts order forced buyouts in LLC dissolution cases even though the LLC Law nowhere authorizes them — but only as relief layered onto a winning dissolution…
The Business Divorce Law Report
No Oppression Statute, No Forced Exit: The New York LLC Member’s Playbook
Key Takeaways: New York gives an oppressed LLC member no oppression statute. LLC Law § 702 is the sole route to judicial dissolution, and the courts apply it more strictly…
Delaware Corporate & Commercial Litigation Blog
Deadlock and Dissolution of LLCs Addressed by Delaware Court of Chancery
These highlights were prepared by Maliheh Zare, a corporate and commercial litigation associate in the Delaware office of Lewis Brisbois. Vice Chancellor Laster’s recent opinion in In re Dynamk Fund…
Delaware Business Dispute Blog
No Authority, No Deadlock: Vice Chancellor Laster Dismisses LLC Dissolution Petition in Dynamk
By Carl D. Neff
Vice Chancellor J. Travis Laster's recent opinion in In re: Dynamk Fund Advisors LLC, C.A. No. 2026-0002-JTL (Del. Ch. May 20, 2026) sits at the intersection of LLC dissolution claims,…
Delaware Corporate & Commercial Litigation Blog
Chancery Declines to Nullify LLC Certificate of Cancellation
A recent Delaware Court of Chancery decision is notable for addressing the nuances of an analysis about whether a Certificate of Cancellation for an LLC should be nullified, in a…
New York Business Divorce
Hop Farmers Face Membership Forfeiture as a Deadlock Breaker and a Bitter Lesson on Pleading Shortcuts
The Appellate Division, Second Department delivered last week a fascinating case pitting a deadlock-based LLC dissolution petition against an equity forfeiture provision in the parties’ operating agreement. Add to that…
New York Business Divorce
Stated Purpose vs. Stated Problem: Court Sticks to the Script for LLC Dissolution
It’s been 15 years since the Second Department’s decision in Matter of 1545 Ocean Avenue, LLC, 72 AD3d 121, 2010 NY Slip Op 00688 (2d Dept Jan. 26, 2010), which…
New York Business Divorce
I’ll Have a Bacon Cheeseburger, Hold the Pickle and LLC Dissolution
On the menu in this week's New York Business Divorce is a case about a restaurant menu, literally, and the disputed changes to it made by a 50% member of…
New York Business Divorce
New Year, New Law – New Opacity – for LLC Owner Disputes
This week in New York Business Divorce, read about what appears to be the first New York appeals court decision to enforce a waiver-of-dissolution provision in an LLC operating agreement,…
New York Business Divorce
Help Comes From an Unexpected Place in LLC Deadlock Dissolution: The Third Department
This week's New York Business Divorce post examines a recent appellate court decision in which the Third Department searches the record to find deadlocked 50/50 members unable to carry on…