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A look at <i>Matter of Village of Port Chester v. Bologna</i>.
Suppose a lease gives a tenant an option to renew, but requires that the option be exercised by a specified date. What happens when the tenant exercises the option after the specified date?
If Harry and Sally had not married but instead entered into a real partnership, say a law practice, and then dissolved it, what court would take seriously a claim by Harry that Sally should have to support him into the future simply because she earns more money than he did?
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Hedge fund valuation presents several challenges in the field of business valuation for the purposes of equitable distribution.