Seek Equitable Dissolution in Court
- Seek Equitable Dissolution in Court
• Delaware’s LLC Act § 18-802(4) lets a Member petition the Court of Chancery for dissolution when it’s “not reasonably practicable” to continue under the Agreement.
• His refusal to fund, blocking sale, freezing distributions and threatening your home is precisely the kind of deadlock + oppression that wins a § 18-802 petition.
• File in Delaware (or a WI court under your local statute if more convenient) for equitable dissolution and the appointment of a receiver. A receiver can sell the Property, pay creditors and get you out of the stalemate.