31Jul
SC Supreme Court Issues LLC Oppression Opinion
In the first reported case regarding minority oppression in the context of a South Carolina limited liability company (“LLC”), the South Carolina Supreme Court affirmed the trial court’s conclusion that majority members of an LLC had engaged in acts of oppression against a minority member resulting in a forced buyout of the minority member’s interest in the LLC......
By:
Haynsworth Sinkler Boyd, P.A.
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