Reese v. Newman

131 A.3d 880 (2016)

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Holding & Decision

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Nature Of The Case

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Facts

P filed a complaint alleging breach of contract against her business partner, Reese (D), with whom she founded ANR Construction Management in 2006. P had issued a 'NOTICE OF INTENT TO WITHDRAW FROM PARTNERSHIP, DISSOLVE, AND WIND-UP BUSINESS.' D then locked P out of the LLC's bank accounts, blocked her remote access to the LLC's files and email, and ended her salary and health benefits. P asked the court to enjoin D from any further action intended to dissociate P from the LLC, and for $500,000 in damages. P added claims for breach of fiduciary duty, conversion, accounting, and judicial dissolution. D filed her Answer seeking $500,000 in damages, dissociation of P from ANR, breach of loyalty, good faith and fair dealing, breach of contract, and tortious interference with contractual business. The jury returned a $19,000 verdict for P on her conversion claim and denied all other claims for both parties. The jury returned findings that would support both judicial dissolution and dissociation of P as a member. The trial judge chose to order dissolution of the LLC based on the evidence presented and the jury's findings. D appealed.

Issues

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Legal Analysis

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