Sandra S. O’Loughlin and Christopher J. Bonner review developments in New York Business Association law in 2015. Their review focuses on the major changes made to New York’s LLC law, as well as a holding by a bankruptcy court that ex-partners could be held liable for returning compensation paid while the law partnership was insolvent.
Sandra S. O’Loughlin: Partner, Barclay Damon, L.L.P., Buffalo, New York; Adjunct Professor and Lecturer, University at Buffalo Law School, State University of New York; J.D., State University of New York at Buffalo Law School; B.A., Daemen College; Rosary Hill College.
Christopher J. Bonner: Special Counsel, Barclay Damon, L.L.P., Syracuse, New York; J.D., Harvard Law School; B.A., Williams College.