Arnsdorff v. Papermill Plaza, LLC

MCFADDEN, Judge.

This appeal arises from a trial court judgment denying a claim for a leasing commission sought pursuant to the terms of a limited liability company’s operating agreement. Because the trial court correctly ruled that the claimed commission was not due under the terms of the agreement because certain prerequisites, including the adoption of an overall plan for the development of a shopping center, were not met, we affirm.

Papermill Plaza, LLC (hereinafter “Plaza”) was formed to develop a retail shopping center. The original members of Plaza were Branch Capital Partners, LP…