How do drag-along rights protect majority LLC owners?
A drag-along provision allows the majority owner to force the minority owner into the sale transaction, regardless of what the minority owner wants.
Law Office of Robert Aufseeser
Protecting Our Clients' Wealth For Generations
A drag-along provision allows the majority owner to force the minority owner into the sale transaction, regardless of what the minority owner wants.
Recently, the New Jersey Appellate Division held that an unsigned draft partnership agreement was invalid and nonbinding until agreed to […]