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Raymond Law Group LLC | USA | 5 Mar 2019

In Connecticut, Fair is Fair: Construing Fair Value and Other Considerations in Minority Shareholder Buyouts

There is perhaps nothing more disruptive to a closely held corporation or limited liability company than a disaffected minority shareholder


Murtha Cullina LLP | USA | 18 Sep 2017

Update to Connecticut Law: Amendments to Connecticut Business Corporation Act Effective October 1, 2017

Public Act No. 17-108, titled An Act Concerning Limited Liability Companies and Business Corporations (the "Act"), has amended the Connecticut


Day Pitney LLP | USA | 25 May 2017

It May Be Time to Tune Up Your Connecticut LLC Operating Agreement

As Day Pitney reported a year ago, the new Connecticut Uniform Limited Liability Company Act (New Act) is poised to replace the existing Connecticut


Murtha Cullina LLP | USA | 20 Mar 2017

March 20, 2017 - Business Group News: The Connecticut Uniform Limited Liability Act

The Connecticut Uniform Limited Liability Company Act, Public Act 16-97 (the "New Act") will become effective for all existing and new Connecticut


Day Pitney LLP | USA | 30 Dec 2013

Secretary of the State issues guidelines on Connecticut Model Entity Transactions Act, effective January 1, 2014

The Connecticut Secretary of the State has issued guidance on filings under the Model Entity Transactions Act (META), which takes effect on January 1


Day Pitney LLP | USA | 23 Jul 2013

Doing business in CT: failure to register proves costly

Business entities doing business in Connecticut without registration with the Secretary of the State have become a prime target for enforcement by


Stoel Rives LLP | USA | 20 Aug 2012

Connecticut court clarifies member voting requirement for approval of LLC's lawsuit

When a Connecticut LLC filed suit to collect rent from its tenant, the tenant defended on grounds that the LLC members who approved the lawsuit owned only 50 of the LLC and therefore lacked the requisite majority vote.


Masuda Funai Eifert & Mitchell Ltd | USA | 15 Aug 2011

Connecticut requires paid sick leave for service workers

Starting what may be a trend, Connecticut becomes the first state to require paid sick leave.


Day Pitney LLP | USA | 19 Jul 2011

Connecticut adopts the Model Entity Transactions Act

Cross-entity mergers will be permitted in Connecticut pursuant to a "junction box" statute adopted by the Connecticut General Assembly on the last night of its session and signed by Governor Malloy on July 13.


Locke Lord LLP | USA | 13 Jun 2011

Connecticut mandates paid sick leave for workers

On June 8, 2011, Governor Malloy signed into law a controversial bill that requires employers with 50 or more employees to provide paid sick leave to certain service workers.

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