A special litigation committee cannot be used to determine the fate or direction of derivative claims brought on behalf of a New York limited liability company, unless its use is expressly written into the operating agreement, a Manhattan appeals court has ruled in an important decision of first impression.
- New Antitrust Suit Filed Over Alleged Stock Loan Collusion
- Failure to Supervise Thieving Bookkeeper Gets 6-Month Suspension
- Appeals Court Finds for Uber, Says App Made Service Terms Clear
- NYS Warns Health Insurers They Must Cover Transgender Individuals
- Clash With Feds Leads to Delay in NYC's Enforcement of Calorie Labeling on Menus
- Little Legal Recourse for Supremacists Booted Off Tech Platforms, Experts Say
Appeals Court Finds for Uber, Says App Made Service Terms Clear
Costco's Touting of 'Tiffany' Rings Infringed Trademark, Court Rules, Posting $19M Judgment
In this Special Report: "Expedited Arbitration: When Is Faster Better?," "Divorce Mediation and ADR in New York Courts," "Courthouse to Conference Room: Transitioning From the Bench to Private Mediator," "Navigating the Standards Used to Assess Arbitrator Bias in International Arbitration," "Dealmaking With State-Owned Companies: Drafting, Enforcement Tips" and "Be Careful What You Ask For: Multi-Tiered Dispute Resolution Clauses."