Tie-Breaker in Shareholders Agreement Defeats Deadlock Dissolution Petition

This week's New York Business Divorce highlights an unusual corporate dissolution case in which a tie-break provision in the shareholders agreement of 50/50 shareholders gave one of them the decisive vote in the event of board deadlock, which in turn doomed the other's deadlock dissolution petition.

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Unilateral Decisions - FasterCapital

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Clamp pageant amount tie breaks Fantasy gallon Forge

Clamp pageant amount tie breaks Fantasy gallon Forge

Zizou Bergs Triumphs At Inaugural Tie Break Tens Dubai Presented, tie break

Locked in Corporate Hell: Bitter Feud Between Deadlocked 50/50 Owners Leads Court to Order Sale of Lucrative Company

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49% Shareholder Can't Seek Deadlock Dissolution Despite Shareholders' Agreement Granting Co-Equal Control

Getting Unstuck: Deadlock Provisions in Operating and Shareholder Agreements