LLC enabling legislation swept the country in the late 1980s through the mid 1990s. By the turn of the century we saw a trickle of litigation working its way through the courts involving disputes ...

Last week’s post examined an unusual case in which the court appointed a temporary receiver of an LLC pending the adjudication of the minority members’ petition for judicial dissolution. But what ...

Once a business owner decides to go out of business, they may not be enthusiastic about taking the time to wrap things up properly. But filing paperwork with the state and notifying creditors are ...