How do I Remove Rogue Member or Manager from My LLC? [video]

Has your business partner, LLC member or LLC manager harmed your business? You are not stuck! There are ways to remove a rogue member or manager from your business, LLC, or partnership (similar to removing a rogue officer or shareholder from a company). Find out more about how we can help you here.    Other… [Read More]

Tags: Business LLC, linkedin, Members, Operating Agreement, Partnership

Are There Any Special Responsibilities or Formalities Associated With Forming a New York Limited Liability Company?

According to Section 417 of the New York Limited Liability Company Law, the members of a New York LLC are required to adopt a written operating agreement.  The operating agreement may be entered into before, at the time of, or within 90 days after the filing of the Articles of Organization.   The operating agreement is… [Read More]

Tags: Business Links, Business LLC, Contracts, Members, Operating Agreement

How Do You Remove an LLC Member or Manager From Your Small Business?

If a manager or a member of the LLC engages in conduct that harms the LLC, the other members do have standing to bring what is known as a “derivative action” to remove the member or manager from the LLC. Generally, derivative actions are typically brought by a corporate attorney on behalf of the shareholders… [Read More]

Tags: Business LLC, Members, Operating Agreement