Bell v. Walton

[¶ 1] Chad Walton appeals from a judgment entered in the Superior Court (Pe-nobscot County, Mead, J.) finding that strict compliance with the written notice requirement of 31 M.R.S.A. § 692(3) (1996) was necessary to effectuate Bryan Bell’s voluntary withdrawal from their limited liability company, Bangor Metal Works, *688LLC. The court determined that Bell remained a fully vested member/manager of the company and was entitled to an equal distribution of the profits upon its ordered dissolution. Walton argues that strict compliance with the statutory written notice requirement is not necessary to…