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Corporations Keyed to Rhee
In re Murrin Brothers 1885, Ltd.
Citation:603 S.W.3d 53 (Tex. 2019)
Concho Minick, both an owner and a governing person, was unanimously elected president and managing member of Bill Bob’s Texas Investments, a closely held LLC. Despite the Hickman Group’s attempt to dismiss him, Minick claimed a right to remain as president and managing member. He claimed his dismissal was a major decision for which the company agreement required a unanimous vote of the owners. The Murrin Group responded to the Hickman Group’s attempt to dismiss Minick by filing the underlying lawsuit against the Hickman Group seeking injunctive relief.
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