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.