You own 30% of a profitable Long Island City events company you helped build over eight years. On a Tuesday afternoon in July, you open an email from your managing member titled "Urgent Capital Call." It demands you wire $475,000 in 30 days for "working capital and expansion." If you don't, your operating agreement says your interest gets diluted — from 30% down to roughly 6%. You don't have $475,000 sitting in a checking account, and you suspect the business doesn't actually
You and two friends opened a Hell's Kitchen restaurant group in 2019. You put in $300,000, signed the lease in your own name, and ran the front of house for three years. Last week your partners sent you a letter declaring that the operating agreement gives them the right to remove you "for cause" — and that your buyout will be calculated at book value, which they've conveniently pegged at $42,000. You stop breathing for a minute. Can they actually do this? Probably not the wa
Reza Yassi
Jun 16
Our Latest Blog
With Yassi Law P.C., your case is our top priority.
We are Happy to Help You Anytime. Click Here it Get an Appointment