LLC Dissolution Name Question

I formed an LLC with 3 people and we want to remove one of the partners. We do not have the trademark for the name. If we dissolve the LLC, can me and my partner start a new LLC with the same name?

Smallbusiness | 👁 1346 | Posted 2018-11-20 | Share on Facebook | Twitter | Google+

| Modified: 2018-11-20 | Author:


CryptoBob_Barker 2 years ago

We do have an operating agreement, but it doesn't cover removing a partner unwillingly. The third partner is asking a ridiculous amount for buyout and we do not wish to continue business with them, so dissolution seems like our cheapest/best option at the moment.

CryptoBob_Barker 2 years ago

Can you do this if the third member isn't willing to leave? The real issue is that we would prefer to go this route, but the third member is asking a ridiculous amount for buyout, so dissolving and starting over is obviously the cheaper option.

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