In anticipation of the COVID-19 economic recovery in 2021, a closer look at the Florida Revised Limited Liability Company Act (FRLLCA) confirms that a "vaccine" is available in form of statutory remedies to prevent a judicial dissolution and give businesses an opportunity to continue and plan for 2021. According to the Florida Division of Corporations, as of October 5, 2020, there were approximately 1,473,881 active LLCs within Florida. Given how many entities the FLLCRA regulates, understanding its provisions as it relates to judicial dissolution is critical to save the businesses of active LLCs so that they can best navigate their options during this economic downturn.

For Florida, the advent of COVID-19 occurred during its peak spending season; it came just as tourists would visit the sunshine state for its famed beaches and weather. Instead, thousands of businesses have seen either temporary or permanent closures since March 2020. The impact of COVID-19 will continue to pose challenges to the economy into 2021, forcing many businesses to modify how they govern themselves or, if they cannot, eventually come to closure. LLCs may be particularly affected when one or more managers or members cannot agree as to how to proceed during this unprecedented time.