Outside CounselJoshua D. Bernstein and Nathan T. Horst, New York Law Journal
The Removal of Unwanted Managers of Real Estate LLCs
Joshua D. Bernstein and Nathan T. Horst review the protections offered by §414 of the New York Limited Liability Company Law, which permits removal of LLC managers by majority vote. Their analysis examines its purpose, provisions, and relevant case law and offers advice for LLC investors looking to obtain its full benefits.
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