Impact To Services And Offices

Case Law Summaries

Iowa – Repurchase of LLC Interests

IowaHomeland Energy Solutions, LLC v. Retterath, No. 18-0950, decided February 7, 2020. The Iowa Supreme Court held that an LLC’s action to enforce an agreement to repurchase the defendant’s membership interests had to be tried in equity as the purpose of the agreement was to extinguish the member’s interest and influence and money damages would not be an adequate remedy.

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