August 18, 2023
Business divorces can be just as messy, if not messier, than marital divorces. But can one LLC member expel another? Can an LLC member withdraw from the LLC? Can a disgruntled LLC member dissolve the LLC? Under both New York and Delaware law, these questions don’t have simple answers.
In this short video, Schlam Stone & Dolan Managing Partner Jeffrey Eilender discusses what rights and remedies LLC members seeking a business divorce from each other have and don’t have.