G2 FMV, LLC v. THOMAS

15748, 650753/14

135 A.D.3d 421 (2016)

24 N.Y.S.3d 235

2016 NY Slip Op 00026

G2 FMV, LLC, Appellant, v. PATRICK J. THOMAS, Respondent.

Appellate Division of the Supreme Court of New York, First Department.

Decided January 7, 2016.


Plaintiff, a Delaware limited liability company (LLC), is the parent of a finance company of which defendant was the chief operating officer. Plaintiff's Operating Agreement provided defendant with certain membership units (the Units). After defendant's resignation, plaintiff brought this action seeking declarations as to whether the resignation was with "Good Cause," which would have triggered the vesting of the Units, whether the Units had vested, and whether plaintiff...

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