December 21, 2015
In February of 2015, Schlam Stone & Dolan won a tremendous victory for client Winston Chiu in Chiu v. Chiu in the Appellate Division, Second Department concerning his withdrawal and payout as a member of an LLC that owned real estate in Long Island City. As a result of the firm's efforts, Mr. Chiu obtained over $4 million and the firm made new law on the valuation of minority interests in business divorce cases. The Second Department Decision was listed as one of the #1 business divorce case of 2015 on Peter Mahler's blog, New York Business Divorce, the preeminent blog in this area of the law.