Limited Liability Company Disputes
We fully understand the dynamics of the limited liability company and relationships between members of a limited liability company and the conflicts that can arise in regard to the differing expectations of the members regarding business management, salary and distribution of profits. We are also well-versed in actions involving allegations of breach of fiduciary.
The first guiding principle is to review the Operating Agreement between the members. The second step is to review, in the case of a membership dispute within a limited liability company, the Revised Uniform Limited Liability Company Act, found at New Jersey Statutes Annotated § 42:2C-1, et seq. We can guide our clients towards a solution, or in the case of an issue that can not be amicably resolved, a path to success through litigation.
Our seasoned litigators are as comfortable representing the Plaintiff as we are representing the Defendant and we regularly represent individuals and limited liability companies whom bring an action (the Plaintiff) as well as individuals and limited liability companies whom are sued (the Defendant).