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Thursday, 2 May 2013

Court Resolves LLC Dispute By Compelling Arbitration

Posted on 16:48 by Unknown
RITZ-CARLTON MANAGEMENT COMPANY, LLC v. ASSOCIATION OF APARTMENT OWNERS OF KAPALUA BAY CONDOMINIUM, Dist. Court, D. Hawaii 2013 - Google Scholar:

This case does not make any new law. Rather, it holds that an arbitration clause in a limited liability company operating agreement is binding and enforceable under the Federal Arbitration Act.

Dispute resolution is an important provision in any operating agreement. That provision should be carefully considered before any members are accepted into the limited liability company.

Edward X. Clinton, Jr.

www.clintonlaw.net

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Posted in Contract Law, Corporate Law, Federal Arbitration Act, Limited Liability Company Issues | No comments
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