Naples v. Olin

Appeal from an order of the Supreme Court (Mulvey, J.), entered July 7, 2008 in Tompkins County, which, in a proceeding pursuant to Limited Liability Company Law § 703 (a), determined that petitioner is not entitled to additional payments under the operating agreement between the parties.

In July 2006, the parties formed Stress Medicine Media, LLC for the purpose of marketing and selling petitioner’s stress management products. The parties were the only members of the company, with both owning equal shares and neither having superior management rights. Approximately one month after the company…