Freeze-Out Mergers and the New Minnesota LLC Act – Bench & Bar of Minnesota
The Minnesota Revised Uniform Limited Liability Act that will govern all Minnesota LLCs beginning at the start of 2018 contains sweeping changes, and one of the most dramatic involves the elimination of “freeze-out” mergers. This article published by Bench & Bar of Minnesota discusses options for preserving remedies similar to those afforded by such mergers.
The authors of the article are Patrick J. Rooney (commercial litigator and trial attorney) and Ernest (Pat) Shriver (corporate, transactional, and intellectual property attorney). Click here to read the entire article (a PDF version is available here).