Physicians with a controlling interest in a New York professional corporation should be mindful of a minority shareholder’s common law right to judicial dissolution. In a recent posting on our New York Business Divorce Blog, Peter A. Mahler describes a recent ruling by Westchester County Commercial Division Justice Alan D. Scheinkman in the case of White v. Fee,
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Mixed Decision in Anesthesiology Practice Shareholder Dispute
Peter A. Mahler, author of our sister blog New York Business Divorce, posted an excellent analysis of a recent case involving a shareholder dispute among members of an anesthesia group.
Key pieces of advice from Mahler:
- Draft clear termination and exit provisions in shareholder and employment agreements;
- Arbitration clauses can produce quicker results than litigation, reduce hostilities, and
Continue Reading Mixed Decision in Anesthesiology Practice Shareholder Dispute