DePatco, Inc. v. Teton View Golf Estates, LLC

Memorandum Decision

ORME, Judge:

T1 Teton View Golf Estates, LLC, and Idaho Development, LLC, appeal the trial court's declaratory judgment that, under Utah law, Teton View must pay non-member creditors in full before paying member eredi-tors as it winds up its business and settles its obligations. We affirm.

12 In 2008, Idaho Development and another entity formed Teton View Golf Estates, a Utah limited liability company. 2 Idaho Development loaned Teton View a substantial sum with which to purchase and develop some land in Idaho. In return Teton View gave Idaho Development a promissory note…