November 12, 2014

New York Business Divorce provides a two-part analysis of Justice Allan Weiss's post-trial decision in Chiu v. Chiu, a long-running battle between two brothers over the ownership and valuation of a real estate holding company. The prevailing Chiu brother, Winston, is represented by Schlam Stone & Dolan partners Jeffrey M. Eilender, David Katz and Jonathan Mazer and associate Samuel L. Butt, the latter two serving as trial counsel. The most recent article examines SSD's successful argument that the cash value of Winston's share of the closely-held corporation should not be subjected to a marketability discount, and the earlier article examines the legal issues surrounding Judge Weiss's ruling that Winston retained a minority interest in the LLC.

Coverage of the case can be found here: