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    Delaware court speaks to judicial dissolution of LLCs
    2010-11-29

    The Delaware Court of Chancery has granted the plaintiffs' request for judicial dissolution of BVWebTies LLC, a Delaware limited liability company. In the case, co-equal owners and managers of the LLC disagreed over the company's management. The company's LLC agreement, however, provided no method by which to break a deadlock among the members.

    Filed under:
    USA, Delaware, Insolvency & Restructuring, Litigation, Herrick Feinstein LLP, Limited liability company, Consent, Dissolution (law), Lockout (industry), Delaware Court of Chancery, Delaware Supreme Court, Court of equity
    Authors:
    Edward Stevenson , Irwin Kishner
    Location:
    USA
    Firm:
    Herrick Feinstein LLP
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