Stone v. Jetmar Properties, LLC

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that caselaw interpreting chapter 302A can be applied to interpret similar provisions under chapter 322B
• stating that law on chapter 302A guides our interpretation to the limited liability company laws because chapter 302A served as the basis for chapter 322B
• noting that a purchaser “failed to make adequate inquiries about the property” when the circumstances of the underlying transaction were unusual
• rejecting de-facto corporation doctrine for both corporations and LLCs

Source: CourtListener parenthetical corpus (CC0).