Legal Question in Business Law in Minnesota
How difficult it is to kick a partner out of a LLC? We are 3 partners, and one of us is far from doing his share of work and his financial contribution is 1/10 of the rest of us.
Thank you!
Hubert
Asked on 3/30/12, 1:38 pm
3 Answers from Attorneys
David Anderson
Anderson Business Law LLC
Do you have a Buy Sell agreement in place?
What do ByLaws and MCA provide?
This is what I do.
Call or email.
DMA
Answered on 3/30/12, 1:55 pm
David Anderson
Anderson Business Law LLC
You must BUY him OUT.
Do you have a Buy-Sell in place?
What is value of his %??
Answered on 3/26/13, 5:54 am
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