We are excited to announce, “The Sadis Summons,” a new blog from Sadis’s Litigation Department focusing on investor rights and business divorce litigation. The Sadis Summons will discuss business divorce disputes as well as disputes regarding investments in private & public companies, hedge funds, venture capital funds and private equity funds. Typical legal issues that will be examined include:
Fiduciary Duty Actions: Cases where a shareholder, partner, or member of an LLC has been damaged as a result of self-dealing or oppressive tactics by the officers, directors, managers, or controlling equity holders.
Business Divorce and Partnership Disputes: Disputes between shareholders, partners or members where one or more of the aforementioned parties seeks either to terminate the business and sell its assets, or to cash out his/her interest in the business for fair value in cash as a result of improper conduct by the other parties.
Appraisal and Buy-Out Rights: The rights of minority investors to opt-out or challenge a merger or similar transaction, and pursue court action for an award of the fair value of his/her investment in a corporation, LLC or LLP.
Securities and Investment Fraud: Cases where a person believes they are the victim of fraudulent statements or practices related to their investment in a company and have suffered damages.
Cross-Border Insolvency: Cases where a hedge fund or similar investment business is put into liquidation or receivership. We will address cases involving liquidators and receivers; the representation of directors in liquidation; clawback and fraudulent conveyance claims; and Chapter 15 proceedings.
For a look at our first post, entitled, "U.S. Investors Can Bring Foreign Law Derivative Claims in New York Against Chinese Publicly-Traded Company & its Directors,” click here.
Our goal is to provide readers and potential clients with focused updates about key legal developments and insights in this increasingly active area of the law. The Sadis Summons is intended as a general discussion, and is not intended as legal advice. For legal advice tailored to your specific legal situation, please reach out to:
