BCL 626 governs shareholder derivative actions, or suits brought by individual shareholders on behalf of, and for injury to, the corporation. Subsection (e) provides that if the plaintiff—the individual shareholder asserting...more
A minority shareholder petitioning for dissolution under BCL § 1104-a must establish, by a preponderance of the evidence, that the majority shareholders have engaged in “illegal, fraudulent or oppressive actions,” (BCL §...more
A familiar fact pattern: ParentCo is the owner and controlling shareholder of SubCo. ParentCo completely controls SubCo. The two companies have the same officers, issue consolidated financial returns, and the profits and...more
It works the same way in small businesses as it does in major investment firms: the executives reach agreement on the terms of a deal, then leave the lawyers to paper things accordingly....more
As we continue to see increased litigation over electronic programs, apps, and algorithms, courts are increasingly called to consider discovery requests for the coding behind that technology. These requests highlight the...more
1/30/2020
/ Algorithmic Trading ,
Breach of Contract ,
Business Litigation ,
Coding ,
Commercial Court ,
Confidentiality Agreements ,
Counterclaims ,
Defamation ,
Discovery ,
Discovery Disputes ,
High Frequency Trading ,
Joint Venture ,
Litigation Strategies ,
Non-Disclosure Agreement ,
Proprietary Information ,
Reversal ,
Securities Transactions ,
Trading Platforms