Where a plaintiff brought a declaratory judgment action to determine the limited liability company member status of defendant in a dispute arising from the defendant’s alleged misuse of LLC funds, the filing of a petition to determine LLC status did ...

Tagged with: Involuntary Withdrawal Limited Liability Company Member Status

Defendants appealed the judgment entered in favor of plaintiffs, following a jury verdict finding that defendant minority members’ attempt to oust majority member plaintiff Meadowfresh Solutions USA LLC from the company and remove plaintiff John Fulton as managing member caused ...

Tagged with: Limited Liability Company Ouster of Majority Member

Where one of two members of a limited liability company challenged trial court findings that he breached the LLC’s operating agreement by failing to make the required capital contribution and by soliciting the purchase of his interest by a third ...

Tagged with: corporate law Limited Liability Company Operating Agreement Withdrawal