Court Opinion

ID: 9515534
Source: CourtListenerOpinion
Date Created: 2023-08-06 22:57:43.151957+00
Date Added: 2024-06-11T09:06:30.323554
License: Public Domain

MEIERHENRY, Justice
(concurring).
[¶ 34.] I agree that under the circumstances of this case, the LLC should be dissolved. Neither the legislation nor the LLC agreement provided a procedure or remedy in the event of deadlock. Without such a provision, the LLC is at a stalemate; and the court is left with few alternatives. As Justice Konenkamp points out, other courts have faced this same issue with varying results depending on the circumstances of each case. The undisputed facts of this case sufficiently meet the statutory requirements for dissolution in SDCL 47-34A-801(a)(4)(i) or (iii).