LLC Operating Agreement Avoided Company Dissolution

Mar 07, 1983

OUTCOME: LLC Operating Agreement saved the client's business from being taken over by new partner and/or dissolved.

Set up LLC, drafted LLC Operating Agreement and did the investment capital raise documents for the clients. A new shareholder came into the picture and disagreements started happening among the partner ... s. The shareholder essentially tried to take the original founders company away from them, but we drafted the Operating Agreement and investment documents in such a away that it was impossible for him to do that, and in fact the original partners were able to do a forced buyout of the "bad egg" shareholder. The way Jana Gouchev and her team drafted the documents saved the client's business.