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Who Gets to Play the Bankruptcy Card Under Your LLC Agreement?

Photo of Peter Mahler
By Peter Mahler on June 3, 2019
Posted in LLCs, Operating Agreement

This week’s New York Business Divorce examines a rare court case at the intersection of business divorce and bankruptcy law, in which the court had to decide whether one of several managing members of an LLC had authority on his own to file a bankruptcy petition on the LLC’s behalf.
Continue Reading Who Gets to Play the Bankruptcy Card Under Your LLC Agreement?

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