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It's possible that the court would order the business to be liquidated and the proceeds split equally. That would give both of you the option to buy the other partner out. Sometimes the way this is done is to give the other party a binding offer to sell or to buy at a specific price, but that only works if both parties are willing to sell their interest.
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You posted these additional questions in a separate question which I have responded to. Basically, if you cannot prevail uoon her to share the work load, or accept an unequal distribution of profits the LLC is deadlocked and cannot continue to operate. See: http://www.ncbusinesslitigationreport.com/2014/11/articles/professional-responsibility-1/eighty-five-thousand-reasons-not-to-represent-an-llc-without-the-approval-of-a-majority-of-the-members-and-one-other-thing/
NC has a ststute for that purpose. As they say, if the shoe fits.... http://www.ncga.state.nc.us/EnactedLegislation/Statutes/PDF/ByArticle/Chapter_57D/Article_8.pdf
Derivatives are usually brought by minority owners. The derivative is designed to force the LLC , not another member, to do something though, and that is not what you are trying to do. I think you should turn this over to a NC corporation lawyer at this point.
She is current representing on her email signatures and social media and linkedin page that she is working for another company in our type industry.
What is your attorney saying about that? If you can[t do something to her, then she can't do it to you either. What's good for the goose… That's why you're deadlocked. The reason she won't agree to a buyout is probably because she knows you will require a noncompete clause. She would too, and that's why she set her price so high. At least that's what it seems like to me. Since you already have an attorney, I can't add much more to this, and would appreciate your rating at this point.
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