Ticonderoga Farms, LLC v. Knop

Holding

The appellant LLC and its majority member appeal a decision of the Court of Appeals affirming two circuit court rulings in favor of the appellees, both individually and as trustees of a trust. Specifically, appellants assert that the Court of Appeals erred in affirming the circuit court’s denial of an application for judicial expulsion of the minority members and in granting the minority members’ application for judicial dissolution of the LLC. For the reasons set forth in this opinion, the judgment of the Court of Appeals is affirmed.