Jonathan S. Liss

Gibbons P.C.

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Securities & Exchange Commission (SEC)

A New Statutory Remedy For Oppressed Members Of LLCs - Not Necessarily A Panacea

New Jersey and at least seven other states and the District of Columbia have adopted the Revised Uniform Limited Liability Company Act, codified in New Jersey as N.J.S.A. 41:2C-1, et seq. (“RULLCA”). RULLCA is effective as to all New Jersey LLCs formed on and after March 18, 2013 and...

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