As previously reported here on Tax Tracker in June, the School Tax Relief (STAR) program offered by New York State offers property tax relief to eligible homeowners.

For the third consecutive year, this column features an important appellate decision—this time by the First Department—rejecting treatment of an estate fiduciary...

The conventional path to a fair value appraisal proceeding under Section 623 of the Business Corporation Law (the "BCL") involves deliberate invocation of the statute by the business entity, the dissenting owner, or both.

Shareholder oppression has long been a favorite topic of mine—for good reason. A cornerstone of business divorce litigation...

Join me if you know this refrain: In New York, deadlock is not an independent ground for LLC dissolution.

Every so often a case comes along that reads less like a business dispute and more like a cautionary tale about the perils arising out of unwritten deals among friends.

As 2023 came to an end, and 2024 began to unfold, the Surrogate and Appellate Courts throughout the state have been busy issuing decisions of interest....

It has been just over five years since a Long Island father decided to build a tree house for his children. This seemingly simple and straightforward act somehow led to a dispute with his village...

Four sisters. One house. Who owns it? Today's case delves into a thorny situation many closely-held family businesses struggle with—proving ownership.

Loyal readers of this blog may recall the powerful victory my firm's client won in 2021 in Farro v Schochet, where the Appellate Division...

Each year, the IRS updates tax brackets and related thresholds to reflect inflation.

Pre-answer motions to dismiss for untimeliness are exceptionally common in business divorce litigation. Statute of limitations analysis can be deceptively simple...

As the summer days come to an end, and Fall fast approaches, the Appellate and Surrogate's Courts have been busy at work issuing the following decisions of interest impacting the field of trusts and estates.

Here in New York, we're about to say goodbye to a winter season like we haven't seen in many years: prolonged, bitter cold; several prodigious snowfalls; and iced-over ponds.

When an aggrieved party feels his or her back against the wall, there is a strong temptation to assert every claim under the sun against the adversary.

Can a three-person minority outvote a four-person majority to oust the majority-appointed, longtime CEO of a profitable company...

The authors of this blog have a special affinity for fair value appraisal proceedings. The narrow hearings—where the sole issue before the court is the fair value...

As winter has left its mark over the past three months, so, too, did the Court of Appeals and the Surrogate's Courts throughout the state, as they examined important...

How often do hopeful beneficiaries of a last will and testament expect to receive what they think will be a valuable bequest of a business interest, only to find their joy turn to despair...

Welcome to our 17th annual edition of the Top 10 business divorce cases featured on this blog over the past year.