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26 Dec 2016, 3:34 am by Peter Mahler
IE Test, LLC v Carroll, 2016 WL 4086260 [NJ Sup Ct Aug. 2, 2016], an important ruling by the New Jersey Supreme Court in which it reversed the lower court’s judicial expulsion of an LLC member under a narrowed construction of that state’s enabling statute mirroring the Revised Uniform LLC Act’s expulsion provision. [read post]
22 Aug 2016, 3:26 am by Peter Mahler
The interview covers not only LLC member expulsion pursuant to the operating agreement which is the subject of Tom’s article, but also judicial expulsion of LLC members, a topic that recently generated headlines (and a post on this blog) when the New Jersey Supreme Court earlier this month issued its decision in IE Test v Carroll reversing an order of judicial expulsion under that state’s LLC Act. [read post]
28 Sep 2015, 3:15 am by Peter Mahler
IE Test, LLC v Carroll Earlier this year, the New Jersey intermediate appellate court again addressed involuntary member dissociation in another unpublished opinion in IE Test, LLC v Carroll (read here). [read post]