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I am a member of LLC who owns majority of LLC.

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LdiJ

Senior Member
#17
To fire manager it must be unanimous.
I hope that your operating agreement is not written that way, because then you would never be able to fire him because he owns a tiny percentage. If your operating agreement is not written that way, then its not true.
 
#20
Can you fire someone for incompetence if he does not know what he is doing. He is getting old and getting forgetfull. What would it entail.
 
#21
Can you fire someone for incompetence if he does not know what he is doing. He is getting old and getting forgetfull. What would it entail.
A lot depends on what your charter and operating agreement says, and I've not read them. It would probably be a good idea to take a copy of your charter and operating agreement to a local business attorney for advice on what to do about this.
 

quincy

Senior Member
#22
Can you fire someone for incompetence if he does not know what he is doing. He is getting old and getting forgetfull. What would it entail.
I am afraid you are not providing us with the information necessary to tell you whether or not you can fire the "incompetent" manager.

It does appear that your best course of action is to have your LLC documents personally reviewed by an attorney in your area.

Good luck.
 
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