Davis Ex Rel. Woodside Props., LLC v. MKR Dev., LLC
Supreme Court of Virginia
1Opinion of the Court
OPINION BY JUSTICE STEPHEN R. McCULLOUGH
**490 *180 The circuit court dismissed without prejudice this derivative action on the ground that the plaintiff had failed to first make a demand for the limited liability company to take action. The plaintiff appeals from this ruling, arguing that the law does not require such a demand when doing so would be futile. The applicable statute, Code § 13.1-1042, and related provisions present us with a conundrum because competing canons of statutory construction point in opposite directions. We resolve this conundrum by concluding that the 2011 amendments to…
2Cases cited10 opinions
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Ross v. BernhardSupreme Court of the United States · 1969
- Simmons v. MillerSupreme Court of Virginia · 2001
- Lynchburg Div. of Social Services v. CookSupreme Court of Virginia · 2008
- Virginia-American Water Co. v. Prince William County Service AuthoritySupreme Court of Virginia · 1993
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