Articles Posted in internal affairs doctrine

The ‘Internal Affairs Doctrine’ requires that a court apply the law from the state in which a business was organized to disputes among the shareolders or LLC members. The ‘Single Enterprise Theory’ permits a court to treat multiple entities with common ownership as though they were one. In disputes involving…

The law that controls any business organizations is a creature of state law, and disputes among owners in a business divorce involve the application of the law where the business was formed. More often than not that means the law of the state in which the dispute is being heard,…