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Asked 4/12/2010

What do I need to do to have a 50% LLC member removed? How do I petition the courts for this?

50% LLC member dissociated from the business and by his actions (dissociation/pending litigation) has forced the LLC into bankruptcy. The civil court is putting a stay on the case until resolved in bankruptcy court (which is another issue). Meanwhile, the property owned by the LLC is suffering irreperable damage, while I am in a standstill. This member no longer has legal representation and has dissappeared. How can I petition the court to have him removed so that the business can be reorganized and possibly converted to a Chapter 11?

 
 
 
 
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Answer 1/1 - Submitted 4/12/2010

You would have to prove that the partner was mentally unstable. After that you would go through a process where you become a single member LLC.

 
 
 
 
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