When authorized by an operating agreement, members of a limited liability company can vote to expel a member from the company. Garcia v. Garcia, 187 A.D.3d 859

Nov 8

Written By Alexander Olch

Alexander Olch

The leading Second Circuit case on when false statements constitute fraud in commercial contract disputes. Bridgestone/Firestone, Inc. v. Recovery Credit Services, Inc., 98 F.3d 13 (2d Cir.)

A corporate officer is not liable for usurping a corporate opportunity when the board of directors has approved the transaction. Owen v. Hamilton, 44 A.D.3d 447