Allows Wyoming courts to award damages, including attorneys' fees and costs, to limited liability companies in bad faith dissolution proceedings.
Wyoming HB0152 amends the state's limited liability company laws to allow courts to award damages, including reasonable attorneys' fees and costs, to a limited liability company or any party defending against a dissolution proceeding if the court denies the application and finds it was made in bad faith. This provision applies to proceedings brought under Wyoming Statutes 17-29-701(a)(v) on or after July 1, 2026.
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