Navigating the LLC Jungle, with Kevin Brodehl - a podcast by McKenna Brink Signorotti LLP

We've all heard that LLCs (Limited Liability Companies) are great, but what about the lurking dangers and pitfalls? Curious about how LLCs can go wrong? In this week's episode of I Know a Lawyer, I speak with Kevin Brodehl of Patton Sullivan Brodehl LLP about these dangers and pitfalls in LLC disputes. Kevin is a litigator who specializes in litigating cases involving LLC disputes. He is our expert guide through the LLC Jungle! In this episode, we discuss:

• Business partner disputes and partner compatibility. (03:17)


• Importance of well-drafted operating agreements. (04:51)


• Differences between member-managed and manager-managed LLCs. (07:07)


• Member rights. (08:43)


• Manager's fiduciary duties and potential pitfalls. (12:32)


• Be careful with Co-managers! (17:43)


• Dissolution of the LLC and statutory buyout. (20:23)

Thank you to Kevin for joining me on the show. I learned quite a bit about issues that can arise with LLCs, and I am sure you did as well. Be sure to follow Kevin's blogs, The LLC Jungle and Money and Dirt. Contact Kevin if you or someone you know find themselves in an LLC dispute and need help navigating the LLC Jungle!

This podcast is brought to you by McKenna Brink Signorotti LLP. 

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