Legal Question in Business Law in Minnesota

Re: partnership dispute

No, their lockout and self-help remedy to terminate your interest in the LLC and building in unlawful.

You should bring an action for termination/dissolution if agreement cannot be reached.

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Re: partnership dispute

First, if you had occupancy of the building and/or any type of lease agreement, a lockout would be unlawful. You may file suit in court to seek access to your property in addition to possible statutory damages against the partnership.

With regard to your partnership interest in the buidling, much may depend on the written agreements you may have had with your partners. Cerytainly, they cannot divest you of your interest without paying you out on that interest. If negotiations and mediation do not resolve this dispute, you may file a partnership action to dissolve the business and value the respective interests of the parties.

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