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MAGRUDER v. PAULEY

Nos. WD 75513, WD 75638.

411 S.W.3d 323 (2013)

Diane MAGRUDER, Appellant, v. Betty PAULEY, et al., Defendant, Susan Myers, individually, Susan Myers Revocable Trust, Marshelle Clark, individually and Marshelle E. Clark, P.C., Respondents.

Missouri Court of Appeals, Western District.

October 8, 2013.

Attorney(s) appearing for the Case

Anthony W. Bonuchi and William E. Quirk , Kansas City, MO, for appellant.

Thomas M. Harrison and Bryan C. Bacon , Columbia, MO, for respondents.

Before Division Two: THOMAS H. NEWTON, Presiding Judge, KAREN KING MITCHELL, Judge and GARY D. WITT, Judge.

GARY D. WITT, Judge.

Introduction

Four real estate agents formed a limited liability company and jointly owned a real estate franchise. When one member, Diane Magruder ("Magruder"), withdrew from the company, the others refused to comply with the existing Operating Agreement which required that the remaining members obtain an appraisal of the company and then pay the withdrawing member twenty-five percent of the appraised value. Early in the litigation,...

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