You and your 50/50 partner built a successful design-build firm out of a SoHo loft. For seven years you agreed on almost everything. Now you can't agree on whether to renew the lease, whether to hire a controller, or whether to take on a $4 million Tribeca project that would require personal guarantees. Every vote is 1-1. The bank account is full, but the business is frozen — and the longer it sits, the more clients drift away. This is LLC deadlock in New York, and you have m

You own 35% of a Long Island City warehousing LLC. Your managing member handles operations, signs the checks, and controls the books. Over the past year you've noticed three things: a new "consulting" entity owned by his brother is suddenly invoicing the company, his salary jumped 40% without a vote, and the most profitable client you brought in is now being serviced by a side company he formed in Delaware. When you ask questions, you get silence. This is what a managing memb

You own 25% of a Bronx contracting LLC with two college friends. Over the past year, your managing member has been quietly routing profitable jobs to a side company he owns alone — work that should have hit your LLC's books and your distribution check. When you confronted him, he shrugged and said you're a minority member with no real power. He's wrong. An LLC derivative action in New York is exactly the tool the law gives you to sue on behalf of the company itself and force

You're a 30% member of a Queens restaurant group. The managing member stopped sending you K-1s on time, started paying himself a "consulting fee" you never approved, and last month told you the business "had a rough quarter" — even though you can see the dining room packed every Friday night. You want answers. In New York, you have a powerful tool that most minority members don't know how to use: a formal demand for LLC books and records in New York. Done right, it gets you t

You and your partner built a Long Island City logistics company from a rented warehouse and a single box truck. Eight years later, the business clears $6 million a year, and you can't stand to be in the same Zoom call. One of you wants out. The other wants control. Now the only question that matters is what your share is actually worth — and that's where most New York LLC buyout valuation disputes turn ugly fast. An LLC buyout valuation in New York is the process of pricing a

You co-founded a Brooklyn restaurant group with two friends in 2019. You put up the seed capital, signed the lease, and worked the line for the first eighteen months. Last quarter, your two partners voted themselves a "management fee," stopped sending you distributions, and changed the QuickBooks password. When you asked for a copy of the books, you got silence. That's a textbook minority LLC member freeze-out in New York — and you have more leverage than you think. At Yassi