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LLC Books and Records in New York: How Minority Members Force Disclosure Under LLCL § 1102
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

Reza Yassi
5 days ago


LLC Buyout Valuation in New York: How Courts Price a Business Divorce
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

Reza Yassi
May 5


Minority LLC Member Freeze-Out in New York: How to Fight Back and Protect Your Stake
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

Reza Yassi
Apr 28

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