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“NY’s Freeze-Out Mergers Offer Limited Rights and Recourse for LLC Minority Members,” New York Law Journal

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“NY’s Freeze-Out Mergers Offer Limited Rights and Recourse for LLC Minority Members,” New York Law Journal

March 8, 2019
Adam S. Katz

Adam S. Katz and Ryan W. McNagny, a partner and associate in the firm’s Corporate Services and Commercial Litigation practice, examine the risks that minority members of limited liability companies face in “freeze-out” or “midnight” mergers — in which a merger happens in secrecy, without notice and often overnight — in an article for New York Law Journal. In “NY’s Freeze-Out Mergers Offer Limited Rights and Recourse for LLC Minority Members,” Adam and Ryan discuss the circumstances under which minority members can seek appraisal rights, as well as strategies for New York-based minority members to protect themselves against these types of mergers.

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