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Daniel Felt and Susan Kern
v.
David Felt and Felt Farms LLC
Appellant
Daniel Felt and Susan Kern
Appellee
David Felt and Felt Farms LLC
Attorney for the Appellant
Michael J. Carroll and Richard McConville
Attorney for the Appellee
Lylea Dodson Critelli and Nicholas Critelli
Court of Appeals
Court of Appeals Opinion
Opinion Number:
Date Published:
Summary
Appeal from the Iowa District Court for Dallas County, Bradley McCall, Judge. REVERSED AND REMANDED. Heard by Vogel, C.J., and Mullins and Bower, JJ. Opinion by Bower, J. (15 pages)
Daniel Felt and Susan Kern appeal the district court ruling, finding a limited liability company (LLC) formed by their father, Richard Felt, did not dissolve following his death. OPINION HOLDS: We find the contractual requirements for membership were not met within ninety days of Richard’s death, and the LLC dissolved by operation of law.
