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Daily Archives: Friday, September 7, 2018

Posted: September 7, 2018

Court Dismisses Action to Dissolve LLC in Light of High Burden for LLC Dissolution Actions

On August 15, 2018, Justice Scarpulla issued a decision in Yu v. Guard Hill Estates, LLC, 2018 NY Slip Op. 32008(U), dismissing an action to dissolve an LLC in light of the high burden for dissolving an LLC, explaining: Limited Liability Company Law section 702 provides that dissolution of a limited liability corporation may be… Read more »