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Home / Opinion Digests / Corporate – LLC Operating Agreement – Authority To Hire Lawyer (access required)

Corporate – LLC Operating Agreement – Authority To Hire Lawyer (access required)

Based on its interpretation of the operating agreement for these deadlocked family LLCs owned by five siblings, the circuit court grants summary judgment to the siblings that have exercised their 60-percent majority to terminate the authority of one law firm to act for the LLCs in this ongoing litigation, and to hire a new attorney. These ...

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