1. May the LLC members force Lambrecht to withdraw? 2. Is it fair to base the payment...
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2. Is it fair to base the payment on the capital account balance (typically very small) rather than fair market value (typically a larger amount) when the withdrawal was forced?
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1 Yes The LLC Operating Agreement specified only that termi...View the full answer
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Related Book For
The Legal Environment of Business A Managerial Approach Theory to Practice
ISBN: 978-0078023804
2nd edition
Authors: Sean Melvin, Michael Katz
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