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Source Limited Liability Companies Wisconsin Bar Exam Topic Index Matched to this deck.

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Two equal members of an LLC are deadlocked, cannot approve required leases, and the LLC is missing rent deadlines. One member petitions for judicial dissolution.
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A court may never dissolve an LLC over member deadlock. Judicial dissolution is automatic whenever one member is unhappy. Judicial dissolution may be available when it is not reasonably practicable to carry on the LLC's business in conformity with its governing documents or when those in control act illegally, fraudulently, or abusively under the statute. Judicial dissolution is available only if the LLC has no written operating agreement.

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