Tie-Breaker in Shareholders Agreement Defeats Deadlock Dissolution Petition

This week's New York Business Divorce highlights an unusual corporate dissolution case in which a tie-break provision in the shareholders agreement of 50/50 shareholders gave one of them the decisive vote in the event of board deadlock, which in turn doomed the other's deadlock dissolution petition.

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New York Business Divorce, Business Owner Dispute Lawyer

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Tie-Breaker in Shareholders Agreement Defeats Deadlock Dissolution Petition, tie break

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Recent Chancery Decision Clarifies Basis for Judicial Dissolution of LLC

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Bucaria New York Business Divorce

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