Matthew D Donovan

Matthew D Donovan

February 26, 2024 | New York Law Journal

Business Divorce Cases of 2023

A look at a trio of significant rulings by the Appellate Division which dominated the business divorce caselaw arena in 2023.

By Peter A. Mahler and Matthew D. Donovan

13 minute read

March 03, 2023 | New York Law Journal

Business Divorce and Judicial Dissolution Cases of 2022

Last year the Commercial Division rejected the New York Attorney General's bid to dissolve the National Rifle Association based on allegations of financial impropriety by some of its top executives. In addition this case, this column highlights several appellate decisions in cases brought under Section 1104-a of the BCL complaining of minority shareholder oppression, and a trial court's decision denying dismissal of a complaint seeking judicial dissolution of a limited liability company whose real estate development project stalled for over a decade.

By Peter A. Mahler and Matthew D. Donovan

12 minute read

February 24, 2022 | New York Law Journal

Business Divorce Cases of 2021

2021 was a year in which a series of important rulings by the Commercial Division and the Appellate Division, First, Second, and Fourth Departments, unquestionably led the pack in clarifying both substantive and procedural rules governing disputes among business co-owners.

By Peter A. Mahler and Matthew D. Donovan

12 minute read

March 02, 2021 | New York Law Journal

Business Divorce Cases of 2020

Last year's most notable decisions predominantly involve disputed buy-outs in statutory fair-value appraisal proceedings and pursuant to buy-sell agreements.

By Peter A. Mahler and Matthew D. Donovan

11 minute read

March 06, 2020 | New York Law Journal

Business Divorce Cases of 2019

Last year's most noteworthy business divorce cases are marked by a diversity of subject matter, spanning a gamut of disputes among co-owners of limited liability companies, limited liability partnerships, and business and professional corporations.

By Peter A. Mahler and Matthew D. Donovan

11 minute read

February 25, 2019 | New York Law Journal

Business Divorce Cases of 2018

In recent years, most of the new and noteworthy case law developments in the business divorce field predictably have involved limited liability companies which, as business entities go, are newcomers relative to business corporations and partnerships. Last year bucked the trend.

By Peter A. Mahler and Matthew D. Donovan

11 minute read

February 14, 2018 | New York Law Journal

Business Divorce Cases of 2017 Focus on Oppression, Valuation and LLC Issues

New York courts last year decided an impressive array of business divorce cases involving closely held corporations, partnerships, and limited liability companies.

By Peter A. Mahler and Matthew D. Donovan

11 minute read

February 15, 2017 | New York Law Journal

Courts Address Key Issues in Business Divorce Cases of 2016

Peter A. Mahler and Matthew D. Donovan write an annual review featuring analysis of a number of significant decisions from Second Department trial and appellate courts concerning partnership dissolution and valuation, tie-breaker authority and liability, and LLC member fiduciary duty.

By Peter A. Mahler and Matthew D. Donovan

21 minute read

January 27, 2016 | New York Law Journal

LLCs Dominate Business Divorce Cases of 2015

Peter A. Mahler and Matthew D. Donovan review important business divorce cases from 2015 stemming from disputes over the standard for LLC dissolution, LLC operating agreements, LLC valuation, and dissolution of foreign LLCs.

By Peter A. Mahler and Matthew D. Donovan

11 minute read

February 24, 2015 | New York Law Journal

Complex Questions Addressed in Business Divorce Cases of 2014

Peter A. Mahler and Matthew D. Donovan write: In the annals of business divorce litigation, 2014 will go down as the year in which New York courts issued some of the most important and interesting decisions in dissenting shareholder and buyout appraisal proceedings involving closely held corporations.

By Peter A. Mahler and Matthew D. Donovan

11 minute read