Five Star Concrete, LLC v. Klink, Inc.

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March 30, 1998

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3273 Ready-Mixed Concrete
327320 Ready-Mix Concrete Manufacturing
Five Star Concrete, LLC v. Klink, Inc.
693 N.E.2d 583, 1998 Ind. App. LEXIS 395
US
State Court
Indiana
Court of Appeals
Staton

Summary

Issue is whether dissociating member of LLC had the legal right to receive a cash distribution equal to its tax allocation, and whether valuation method resulted in FMV determination.

See Also

Court weighs former business member's legal right to cash distribution

Legal and Court Case Update
June 1998

At issue is whether Klink, a dissociating member of Five Star, had the legal right to receive a cash distribution equal to the net income allocated to it for tax purposes, and whether the me ...