The Magnolia State Wins the Prize for Novel Alternative Remedies in LLC Dissolution Cases
Farrel Fritz
OCTOBER 23, 2023
Section 79-29-805(3) of Mississippi’s Limited Liability Company Act (2010) provides that “[n]othing contained in this section shall diminish the inherent equity powers of the court to fashion alternative remedies to judicial dissolution.” Its sole asset was a building that was rented to another company. Each owned 50% of each company.
59 
Let's personalize your content