Oppression as a Basis for a BCL Dissolution

Having written on this subject before, I am always amazed at the extent that shareholders, who are now dissatisfied with one another, will go to when they are no longer of like mind as to how the business should be run. A recent case in the Commercial Part of the Albany County Supreme Court is a perfect example of a litigant’s scorched earth approach to achieve the desired end: in this instance, the dissolution of the corporate entity.

The case is Darwish Auto Group, et. al. v. TD Bank et. al., 2024 WL 5279216 (Sup. Ct. Albany Cty. December 30, 2024) (Platkin, J.) and, while facts in this case are fairly extensive...

Read the full blog post here.