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August 25, 2008
Arbitration and Judicial Dissolution
posted by Gary Rosin
Yesterday, I noted a recent Delaware Chancery court decision involving an LLC Agreement with a waiver of the right to judicial dissolution. On the New York Business Divorce blog, Peter A Mahler discusses a couple of New York cases in which close corporation arbitration provisions were applied to stay suits for judicial dissolution on the grounds of both deadlock, and shareholder oppression.
Arbitration seems a much more reasonable approach than waiver.
August 25, 2008 | Permalink
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