NJ Appellate Court Construes Statute Allowing For Judicial Expulsion of LLC Member if "Not Reasonably Practicable" to Carry on Together


Com Lit Brf -LLC

Commercial Litigation Briefs - June 2015

By Michael L. Rich

The New Jersey Appellate Division recently tackled for the first time in IE Test, LLC v. Kenneth Carroll (N.J. Appellate Division, Docket No. A-6159-12T4, decided March 17, 2015) the standard for obtaining judicial expulsion of a fellow limited liability company (LLC) member for engaging in conduct making it "not reasonably practicable to carry on the business with the person as a member."  

Share with:

Related Practices