You and two friends opened a Long Island City fitness studio in 2019. You put up 40% of the capital, your friends split the rest, and one of them — the managing member — runs the day-to-day. Three years later, the studio is profitable, but your managing member has hired his girlfriend at $150,000, signed a sublease with his cousin's company on terms no one would call arm's-length, and stopped returning your calls about quarterly distributions. You want him out. The question i
Reza Yassi
Jun 30
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