News & Insights

Home » News & Insights » Guzov, LLC Protects Co-op Shareholders’ Right to Safeguard Investment through New York Supreme Court Ruling

Guzov, LLC Protects Co-op Shareholders’ Right to Safeguard Investment through New York Supreme Court Ruling

Guzov's Legal News and Publications

Guzov, LLC successfully facilitated a cooperative shareholder’s right to review the books and records of his co-op. Justice Lebovits granted Guzov, LLC’s Article 78 petition to view corporate records demonstrating that a shareholder in a co-op has the same legal rights to documents as shareholders in other public and closely-held corporations doing business in the State of New York. In ruling as it did, the Court confirmed the intrinsic right of shareholders to protect their investments.

View the Court’s decision here.

Recent Posts

What Start-Up Companies Can Gain From An Outside General Counsel

Every company—no matter its size or stage of development—faces legal issues that would be best handled by an experienced in-house counsel. But for many start-up companies establishing a corporate legal department is difficult to justify when so many other operational...