Legal Question in Business Law in Texas
LLC Buyout
I am in an LLC company, my partner owns 51% and I own 49%. We have been approached by another comapny about the opportunity to sell our company. I am not ready to sell, my partner is. What are my options here? Can he sell our company without my consent? Please help!!! thanks so much.
Asked on 1/27/09, 8:33 pm
1 Answer from Attorneys
Re: LLC Buyout
What you can and can't do will depend on the regulations or operating agreement. Also, did you have a buy/sell agreement in place?
Answered on 1/28/09, 12:12 am
Related Questions & Answers
-
Partnership A friend and I are starting a website together, that will likely become... Asked 1/26/09, 9:44 pm in United States Texas Business Law
-
Logo Usage Can a seller of the business charge a monthly fee on the use of a logo... Asked 1/19/09, 9:34 pm in United States Texas Business Law
-
I have been threaten by the company I worked for I worked for this company for about... Asked 1/17/09, 12:54 am in United States Texas Business Law
-
Where is my answer? I submitted a question earlier this week. Asked 1/16/09, 5:21 pm in United States Texas Business Law
-
Where to file a small claims suit I am a contractor for a company that I need to... Asked 1/14/09, 5:56 pm in United States Texas Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
