Ownership Standoffs: Can Courts Invoke “Equity” To Accommodate a Buyout? Or Should Legislatures Provide a Solution?
Author: Jennifer M. OsgoodDate: 6 May, 2022If LLC owners find themselves at odds such that the company cannot functionally persist, is dissolution the only option? While few states offer alternatives, the concept of “equitable buyout” stands out as practical consideration both for the courts and for prospective drafters of LLC
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