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Corporations Keyed to Rhee
Wilson v. Gandis
Citation:
844 S.E.2d 631 (S.C. 2020)Facts
Wilson and Gandis formed CCC, a manager-managed limited liability company, with each man owning a 50% membership interest. Wilson owned and operated Eastern Film Solutions (EFS). Gandis owned and operated DecoTex. Wilson and Gandis discussed expanding CCC’s scope of operations and winding down their individual businesses. In exchange for transferring EFS’s accounts to CCC, Wilson received $12,000 per month. Gandis engaged Shirley, a certified accountant, to provide CCC with accounting and formation advice. Wilson, a 45% member, brought an action against Gandis, Shirley, and CCC alleging they engaged in oppressive conduct against him.
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Topic Resources
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Limited Liability Company