Allison v. Eriksson
Massachusetts Supreme Judicial Court
1Opinion of the CourtKafker, J.
*146 **626 At issue in the instant case is the remedy available for limited liability company (LLC) mergers undertaken in violation of fiduciary duties. The defendant, Elof Eriksson, contends that the exclusive remedy for dissenting members to such mergers is the distribution of their interest in the LLC, pursuant to G. L. c. 156C, § 60 ( b ). The plaintiff, W. Robert Allison, contends that other equitable relief is available but that the judge erred in **627 declining to rescind the merger. We conclude that G. L. c. 156C, § 60 ( b ), provides the exclusive remedy for dissenting members of a…
2Cases cited15 opinions
- Donahue v. Rodd Electrotype Co. of New England, Inc.Massachusetts Supreme Judicial Court · 1975
- Wilkes v. Springside Nursing Home, Inc.Massachusetts Supreme Judicial Court · 1976
- Feeley v. Nhaocg, LLCCourt of Chancery of Delaware · 2012
- Auriga Capital Corp. v. Gatz Properties, LLCCourt of Chancery of Delaware · 2012
- Coggins v. New England Patriots Football Club, Inc.Massachusetts Supreme Judicial Court · 1986
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