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Deadlocked manager and deadlocked members plus threatened irreparable harm equals judicial dissolution of solvent LLC
  • Stoel Rives LLP
  • USA
  • February 25 2010

The LLC in In re Metcalf Associates-2000, L.L.C. v. Chambers, 213 P.3d 751 (Kan. Ct. App. 2009), owned real estate encumbered by a loan that was coming due in the near future.


Kansas applies Delaware law - assignee of LLC interest is not automatically admitted as a member
  • Stoel Rives LLP
  • USA
  • July 16 2010

LLC members have the right to receive allocations of profits, losses, and distributions (economic rights) and to participate in the LLC's management.


Kansas authorizes series LLCs
  • Stoel Rives LLP
  • USA
  • May 8 2012

Kansas recently became the latest state to authorize series limited liability companies.


Kansas court limits the remedy when LLC member fails to contribute required capital
  • Stoel Rives LLP
  • USA
  • October 13 2011

It’s not uncommon in today’s struggling economy for an LLC member to find itself unable or unwilling to satisfy the LLC’s capital calls.


Kansas court enforces statutory indemnification and awards attorneys' fees in fiduciary duty lawsuit
  • Stoel Rives LLP
  • USA
  • May 24 2013

The Kansas LLC Act requires an LLC to indemnify its members or managers, in some cases, for their attorneys' fees to the extent they are successful


Kansas court broadens charging order against single-member LLC
  • Stoel Rives LLP
  • USA
  • December 2 2011

Judgment creditors of LLC members usually have the right under state law to obtain a charging order against a member’s LLC interest.