Environmental technology company—Favorable verdict following trial to obtain involuntary disassociation of minority member

Represented PFT Technology LLC and its majority members in the Supreme Court of New York (Nassau County, Commercial Division) in an action commenced to obtain the involuntary disassociation of the minority member when the parties’ efforts to consensually agree upon terms of buy-out were unsuccessful. Following several days of trial, the Court rejected the breach of fiduciary duty claims, limited the advancement claim for fees, and then entered judgment affirming the involuntary disassociation at substantially the value arrived at by the clients’ valuation expert.