BUY-SELL PROVISION IN SHAREHOLDER AGREEMENT

December 28, 2021

The new blawg from the FarrellFritz law firm under the link below addresses a New York case in which the court enforced the buy-sell provision of a corporation’s shareholders agreement triggered by the shareholders’ petition for dissolution.  The case is also undoubtedly applicable to LLCs, and not only in NY but also, as least for purposes of persuasion, in other states.

Here’s the link:  Look Before You Leap: Buy-Sell Agreements Triggered by a Petition for Dissolution | New York Business Divorce (nybusinessdivorce.com)

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