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Multi-member LLC

  • Details

    There are special issues related to the formation of a Multi-Member LLC (an LLC with multiple partners) which you should seek the advice and assistance of an attorney to address.

    These issues can include, but are not limited to, the following:

    • Management of the LLC
    • Voting
    • Capital contributions
    • Distributions of profit 
    • The roles of the members 
    • How disputes will be handled
    • Restrictions on transfers of membership interests
    • Buy-back provisions

     

    These complex issues can present multiple options. Due to the extra complexities in the formation of a Multi-Member LLC additional fees may apply.