Peter Mahler, at New York Business
Divorce, has reviewed the second decision by the New Jersey Court
of Appeals in All Saints University
of Medicine Aruba v. Chilana,
No. A-2425-13T1 (N.J. Super. Ct. App. Oct. 27, 2015). In this decision, notwithstanding
the absence of a mandatory buyout
upon dissociation
provision in
the then controlling New
Jersey LLC Act, the Court of
Appeals directed the
lower court to consider ordering a buyout as a “common-law equitable
remedy.”
HERE IS A LINK to Peter’s review of this decision
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