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Book Title
10th Edition
ISBN: 9781337605656
Author: CROSS
Publisher: CENGAGE L
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Chapter 17, Problem 5BCP
Summary Introduction

Case summary: Persons J, P, S, and F formed a company B to bid on the contract of construction. A clause mentioned in the contract, stated that 75% of the votes are mandate for removing any member on the grounds of being guilty with felony. S told J, later on, when B achieved success, that she along with other members were planning to terminate him from superior majority votes without any appropriate reason for the same. J filed a suit against B and the other members.

To find: Whether the LLC statute, fiduciary duties and operating agreements of B being breached by J.

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