WHAT HAPPENS WHEN WIFE SUCCEEDS TO DECEASED HUSBAND’S MEMBERSHIP IN 50/50 LLC?

April 14, 2020

A major lesson of the post by Peter Mahler under the link below is that a multi-member LLC operating agreement must be very clear as to the management of the LLC when a spouse dies and the surviving spouse succeeds to the deceased spouse’s management rights.

Here’s the link:  https://www.nybusinessdivorce.com/2020/03/articles/arbitration-and-mediation/no-laughing-matter-deadlock-dissolution-petition-targets-legendary-nyc-comedy-club/

Leave a Comment

Your email address will not be published.