LLC partners dispute

This is a discussion on LLC partners dispute within the Business Contracts & Partnerships forum, part of the BUSINESS & FINANCE LAW category; im a member in an LLC....im suspicious that my 2 partners are being innappropriate with the monies....i know i can ...

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Old Aug 24th, 2008, 02:21 PM   #1
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Confused LLC partners dispute

im a member in an LLC....im suspicious that my 2 partners are being innappropriate with the monies....i know i can request an accounting review, and probably find some innaccuracies, but i fear the nxt step of "binding arb" as stated in our op agrmnt...can the arbitrator declare a "buy-out" or "break-up" of the corp?? I'd only demand that the op agreement be followed..that alone would put more $$ in my pocket....I'd be the loser if the arb decided for "a dissolution of the corp" or a "forced buyout". thats what the other ptnrs would love to see. ...
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