1. May the LLC members force Lambrecht to withdraw? 2. Is it fair to base the payment...

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1. May the LLC members force Lambrecht to withdraw?
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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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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Question Posted: Nov 06, 2014 02:58 AM

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1. May the LLC members force Lambrecht to withdraw? 2. Is it fair to base the payment...

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1 Yes The LLC Operating Agreement specified only that termi...View the full answer

The Legal Environment of Business A Managerial Approach Theory to Practice

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