Mont. Food, LLC v. Todosijevic, 2015 WY 26

An LLC member could not unilaterally adjust members’ ownership interests because (1) the LLC’s operating agreement said a manager managed it, and (2) Wyo. Stat. Ann. § 17-29-407(c)(iv)(C) (2011) said all members’ consent was required to do any act outside the ordinary course of the company’s acts, including adjusting members’ ownership interests.

Ratings and Reviews