Publication
2025 Annual Litigation Trends Survey
Norton Rose Fulbright has released its 2025 Annual Litigation Trends Survey, analyzing litigation trends across the legal landscape.
Commercial division update: Judicial dissolution of New York limited
New York courts are frequently called upon to resolve disputes over whether a limited liability corporation ("LLC") should be dissolved. The dissolution of New York LLCs is governed by Article 7 of the New York Limited Liability Company Law ("LLCL"). Section 702 thereof provides that, as one ground, judicial dissolution may be decreed "whenever it is not reasonably practicable to carry on the business in conformity with the articles of organization or operating agreement." Two primary questions drive the determination of whether dissolution is proper under the provision. First, does the petitioner seeking judicial dissolution have standing to request that relief? And, second, is it "reasonably practicable" for the LLC to continue fulfilling its organizational purpose?
Recent publications
Publication
Sault Dock, take two (and three): Ontario Court of Appeal clarifies its clarification of leave to appeal test
In late December 2024, the Ontario Court of Appeal clarified the applicable test for leave to appeal from the province’s Divisional Court, which the Court of Appeal had only recently discussed at length earlier that month.
Subscribe and stay up to date with the latest legal news, information and events . . .