Operating agreement provided for super majority

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Reference no: EM131367110

James Williford, Patricia Mosser, Marquetta Smith, and Michael Floyd formed Bluewater Logistics, LLC, to bid on construction contracts. The operating agreement provided for a "super majority" 75 percent vote to remove a member "under any circumstances that would jeopardize the company status" as a contractor. Part of the attractiveness of an LLC as a form of business enterprise is its flexibility. Could one Bluewater member unilaterally "fire" another without providing a reason? Why or why not?

Reference no: EM131367110

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