J. Mcdonald Co., Inc. v. Tropical & Losee, Llc

Summary

The Nevada Supreme Court affirmed the district court's judgment, holding that J. McDonald Co., Inc. (JMC Texas) lacked standing to bring derivative claims because it was never a member of Tropical & Losee, LLC, and that it could not assert breach‑of‑contract claims since only JMC Nevada was a party to the operating agreement.