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If there was a majority vote or an event outlined in the operating agreement that triggered the dissolution, first file the certificate of dissolution. If an LLC was formed less than 12 months ago ...
Justice Shirley W. Kornreich of the New York County Commercial Division has held that non-members lack standing to seek judicial dissolution. JG Club Holdings, LLC v. Jacaranda Holdings, LLC, 35 ...
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [ 2 ]
The New York Business Corporation Law is the primary corporation statute in the State of New York. It is an influential model in U.S. corporate law. It is chapter 4 of the Consolidated Laws of New York, originally enacted as chapter 567 of the Laws of 1890.
The Uniform Limited Liability Company Act (ULLCA), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs) by U.S. states.
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