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  • Tag: minority owner

How Best to Use Drag-Along Rights in LLC Agreements

November 9, 2021February 10, 2023 Robert Aufseeser

A drag-along provision allows the majority owner to force the minority owner into the sale transaction, regardless of what the minority owner wants.

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Business Drag-along rights, LLC, LLC Agreement, majority owner, minority owner, partnership

How Best to Use Pre-emptive Rights in LLC Agreements

November 3, 2021February 10, 2023 Robert Aufseeser

The pre-emptive right gives that member the option to buy additional units to preserve that member’s overall interest in the LLC.

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Business LLC Agreement, minority owner, Operating Agreement, partnership, Pre-emptive right

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