Recent content by Myers.Media.Group.Investr

Interest holder / membership interest holder / holder of membership interest. > And what's the difference between unit vote and member vote? Who would be losing voting rights? In the current operating agreement, each unit = 1 vote. There are 100 units held by 11 members. The proposal is to...

I am an interest holder in an LLC. Some members want to change the voting rights from the traditional one-unit, one-vote to a one-person, one-vote scheme (no person can have more than one vote). What are the potential remedies for the members who are losing voting rights? This seems like an...