The new post from the FarrelFritz law firm address excellently a key issue in buy-sell provisions in multi-member LLC operating agreements—namely, the issue of the discount for lack of marketability (“DLOM”).   Here’s the link:

https://www.nybusinessdivorce.com/2021/08/articles/valuation-discounts/fueling-the-dlom-debate-control-transfer-restrictions-and-the-discount-for-lack-of-marketability/#