Northern Leasing Sys, Inc., 70 Misc. 3d 256, 279-80 (Sup. Ct., NY County 2020) commenced by the NYAG, in which the court ordered dissolution of a corporation under BCL 1101 upon finding that the ...

As held in In re 1545 Ocean Ave., LLC, 72 AD3d 121, 131, 893 NYS2d 590 (2d Dept. 2010), the seminal New York decision construing Limited Liability Company Law §702, an LLC member seeking ...

It's important to properly dissolve an LLC because until the authorities are told otherwise, they will assume the business is active. As long as the LLC is active, the owner is required to file ...

Join me if you know this refrain: In New York, deadlock is not an independent ground for LLC dissolution. But… Almost exactly two years ago from today, Peter Mahler published a post titled ...

New York courts are not in the vanguard when it comes to devising less drastic, alternative remedies in LLC judicial dissolution cases. In their defense, there’s nothing in Article 7 of New York ...

“We are very pleased the First Department upheld New York law and put a halt to any cancellation of business certificates, receivers or dissolution,” Kise said in a statement regarding the ruling.