FIDUCIARY DUTIES OF INACTIVE MEMBERS OF LLCS

By , October 23, 2018 2:10 pm

Under the link below is a new post from Peter Mahler about an October 5 NY decision about whether inactive members of LLCs have LLC fiduciary duties.  The issue is of obvious importance in all U.S. jurisdictions.

Here’s the link:  https://www.nybusinessdivorce.com/2018/10/articles/operating-agreement/inactive-member-member-managed-llc-owe-fiduciary-duties/

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