When Can an LLC Expel a Member?

IE Test, LLC v. Carroll, ___ N.J. ___ (2016).  Until it was superseded by the Revised Uniform Limited Liability Company Act, N.J.S.A. 42:2C-1 to -94 (“RULLCA”), on March 18, 2013, relationships among members of a limited liability company were governed by the Limited Liability Company Act, N.J.S.A. 42:2B-1 to -70 (“LLCA”).  Today’s decision, written by […]

from Appellate Law NJ Blog http://ift.tt/2aGMUnB
via IFTTT