Saturday, January 14, 2012

Court reviews the value of a party's membership in an LLC

HERBAL INTEGRITY, LLC, ET AL. v. SCOTT HUNTLEY, JR., ET AL. (Tenn. Ct. App. January 12, 2012)

The parties agreed to submit the valuation of Defendants' membership in Plaintiff LLC to arbitration. Following arbitration, Defendants moved to vacate the arbitrator's award. The trial court denied the motion and entered final judgment in the matter. Defendants appeal. We affirm.

Opinion available at:
http://www.tba2.org/tba_files/TCA/2012/huntleys_011212.pdf