Document: R & R Capital, LLC v. Merritt, C.A. No., 3989-CC, Chandler, C. (Sept. 3, 2009)
Plaintiffs sought summary judgment on their claim that the Defendant was properly removed as manager and member of nine LLCs. Plaintiffs had provided notice to Defendant of her removal as manager for “cause” based on a finding of a Pennsylvania U.S. District Court that Defendant had engaged in fraud, one of the basis upon which to establish “cause” under the LLC agreements, in connection with a transaction involving Plaintiffs. The Court found that Defendant had been properly removed as a manager of the LLCs. The Court also held that a receiver would be appointed to wind up the LLCs.