LLC; fiduciary;fraud;"aiding and abetting";member;manager;"implied duty of good faith and fair dealing";tort;contract;"contract v. tort";"contract v. fiduciary";"contract claim and tort claim";"contra

Subscribe to LLC; fiduciary;fraud;"aiding and abetting";member;manager;"implied duty of good faith and fair dealing";tort;contract;"contract v. tort";"contract v. fiduciary";"contract claim and tort claim";"contra via RSS

Bay Center Apartments Owner, LLC v. Emery Bay PKI, LLC, Del. Ch., No. 3658-VCS (April 20, 2009), read opinion here. This Delaware Chancery Court decision addresses fiduciary duties and related issues in an LLC context, and should be of  great interest to those lawyers who practice business litigation.

Legal Issues

This opinion is noteworthy because it denies a motion…