The Duty to Disclose Third-Party Offers Amidst Buy-Out Negotiations, Revisited

In 2011 and 2012, the New York Court of Appeals decided a series of difficult cases addressing the circumstances under which a contractual waiver or release included in a buyout or other agreement between co-owners of closely held firms provides insulation from subsequent claims for breach of fiduciary duty or fraud......
By: Farrell Fritz, P.C.

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