Does an Arbitration Clause Apply to Your LLC Dispute? | Patton Sullivan Brodehl LLP
Facts: LLC operating agreement left unsigned Plaintiffs Yu-Jung Yao, Yuh-Yuan Sun, and Wen-Jye Yao sued Pro-Management Consulting and John Tu (collectively PMC) for breach of fiduciary duty, breach of contract, and other claims arising from their LLC relationship. The plaintiffs alleged they were residents of Taiwan and became interested in seeking permanent residency for their family in the United States. PMC offered to provide assistance with the immigration process through a series of written agreements with the plaintiffs, including investment agreements and an LLC operating agreement....
Source: jdsupra.com