Legal news site Law360 is covering the Panera appraisal case – including a recent article discussing expert testimony in the matter. See Law360 coverage here [$$].

** Lowenstein Sandler is counsel to petitioners in Panera.

While some of the largest businesses in the United States are corporations (i.e., incorporated entities under a state’s corporations law), many businesses today are also formed as Limited Liability Companies, LLCs for short. An LLC is a creature of state statute; Delaware, California, Florida (among many other states) have LLC statutes allowing for the creation