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Eight Certain Ways for Maryland LLCs to Fail Due to Ownership Disputes

Few things cause a new Maryland small business LLC to fail more than disputes between owners. When such disagreements are not addressed with a method of resolution in an LLC operating agreement, the only solution is often to terminate the firm. The most common areas of dispute are:
  • Disputes about whether particular members have breached their fiduciary duties of good faith, care or loyalty;
  • Disputes about whether particular members have fulfilled their promised commitments of time or effort;
  • Disputes about whether the conduct of particular members justifies their expulsion from the LLC;
  • Disputes about whether buy-out amounts to be paid to particular members are fair;
  • Disputes about the interpretation of allocation and distribution terms in the LLC agreement;
  • Disputes about whether particular persons should be admitted as new members and on what terms;
  • Disputes about whether particular members should receive a lesser or greater amount of LLC compensation or profit sharing in light of changed LLC circumstances; and
  • Whether a particular action by a manager was properly authorized.



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The Kramer Law Firm LLC represents small business clients throughout Washington, D.C. and Montgomery and Prince George's Counties in Maryland, including the communities of Bethesda, Bowie, Chevy Chase, Gaithersburg, Germantown, Laurel, Potomac, Rockville and Silver Spring and all of the surrounding areas.

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