mercredi 9 décembre 2015

LLC Member removal or withdraw

Hello,
Recently an member of our LLC has decided he does not agree with the direction that the majority of the owners wish to take the company. Unfortunately we do not have an operating agreement. The rest of the members wish to continue the LLC. The member in question has publicly posted on social media that he and the business have "parted ways." We are not provisioned to remove him. Was this public declaration enough to prove he wishes to remove himself. We have told him that if he wishes to withdraw he is entitled to his fair share of his interest in return for that interest. Any thoughts on how we can handle this situation?


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