Schlam Stone & Dolan Partner Quoted After Making New Law In An LLC Dissolution Case

In the action, plaintiffs claimed a common-law right to expel defendant Winston Chiu, represented by Schlam Stone & Dolan partner Jeffrey Eilender and associate Samuel Butt, from his position as a member of an LLC.  In March, 2010, the Second Department upheld a trial court ruling denying that plaintiffs had such a right at common law.  Commentators are describing the Second Department’s ruling as representing the end of "the era of freewheeling judicial remedies" in LLC breakup cases.

The Blog

Click here to open this blog in a new window so you can print it.

The Pivotal Brief

Click here to open this document in a new window so you can print it.