LLC Agreement Provides No Buyout Option for Withdrawing Member

Business Valuation UpdateVol. 10 No. 4
Legal and Court Case Update
April 2004

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judicial dissolution
limited liability company
Lieberman v. Wyoming.com LLC (II)
2004 WY 1, 2004 Wyo. LEXIS 1
January 13, 2004
US
State Court
Wyoming
Supreme Court
Alexander K. Davison, Terry W. Connolly, Wendy J. Curtis, William D. Bagley
Golden

Summary

The issue in this case was the status of a member’s capital contribution and equity in an LLC.

See Also

Lieberman v. Wyoming.com LLC (II)

Full Text of Court Cases
January 13, 2004

Issue in this LLC member withdrawal action was whether the operating agreement governed value of withdrawing members interest, and if not, what was appropriate standard of value.