North Carolina Business Litigation Report

Donovan v. Huffman, July 6, 2009 (Diaz)(unpublished)

The Court partially granted an LLC member's motion for an accounting, ordering the LLC to provide the member with periodic "(1) information regarding the status of the business and the financial condition of [the LLC] including a summary of all funds disbursed and spent and all revenue generated from 1 January 2009 to the present, and (2) a copy of [the LLC's] federal, State, and local income tax returns as filed for each year the company has been in business."

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Mack Sperling
Brooks Pierce, LLP
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