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Corporate - Judicial Dissolution – North Carolina Limited Liability Company Act

Summary by nclawyersweekly.com

The undisputed evidence supports the Business Court s decision to dissolve the LLCs. Specifically, the presence of managerial deadlock, the lack of an equitable means of resolving that deadlock, and the unwillingness of the managers to permit the LLCs to engage in and pursue the purpose for which they were formed has rendered the situation such

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nclawyersweekly.com

Corporate - Judicial Dissolution – North Carolina Limited Liability Company Act

The undisputed evidence supports the Business Court s decision to dissolve the LLCs. Specifically, the presence of managerial deadlock, the lack of an equitable means of resolving that deadlock, and the unwillingness of the managers to permit the LLCs to engage in and pursue the purpose for which they were formed has rendered the situation such

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nclawyersweekly.com broke the news in 3 days ago on Thursday, February 20, 2025.

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