Business Disputes, LLC Dissolution
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Case Details
North Carolina Business Court disqualified a law firm and appointed a receiver to manage an LLC's business operations due to management deadlock between two co-owners. The ruling also addressed a new provision in the LLC Act regarding dissolution for impracticability.
Additional Notes
Greg Johnson and Joe Ferikes of Ferikes & Bleynat represented Battles. The disqualified firm may have to return $85,000 in fees.