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In Gilmer v.Interstate/Johnson Lane Corporation case, Gilmer filed a charge with EEOC and brought suit in the District Court, alleging that he had been discharged in the violation of the:
Transferable Interest
An interest in an entity, such as a partnership or LLC, that can be transferred or sold to another party.
RULLCA
An abbreviation for the Revised Uniform Limited Liability Company Act, which provides a legal framework for the formation and operation of LLCs in jurisdictions that have adopted it.
Interest
The cost of borrowing money, typically expressed as a percentage of the principal, or the income generated from an investment.
Dissociation
The process of a member withdrawing from a partnership or a member's interest being terminated, affecting the relationship between the members of a business entity.
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