The prior owner of a woman-owned business will be required to pay upwards of $500,000 to an oppressed shareholder after a trial court found — and the Appellate Division confirmed — that she had entered into a valid agreement...
No one gets married expecting to get divorced.  And no one forms a business expecting that it will fall apart.  Just as people get divorced, many businesses come to the point at which a business divorce is the best...
New York’s oppressed shareholder statute has a unique provision that was initially intended to prevent the oppressed shareholder from destroying a viable business.  That is because the New York statute otherwise gives the court only two options: send the...
A family business dispute is not shareholder oppression when the majority shareholders refuse to buy out minority members not receiving dividends
Shareholder oppression claims may require a trial when the acts constituting majority oppression are in dispute

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