The point when what began as a negotiation, or even a conversation, ripens into a full-blown lawsuit is rarely clear. Yet it is certainly clear that the courtroom is not where any of the parties to a once-promising business...more
While entity distinctness is a bedrock principle of corporate law, it may often appear redundant and unnecessary for a limited liability company (“LLC”) to sign its own operating agreement. That was likely the thinking of the...more
1/23/2025
/ Arbitration Agreements ,
Breach of Duty ,
Business Disputes ,
Business Entities ,
Business Litigation ,
Contract Terms ,
Derivative Suit ,
Fiduciary Duty ,
Limited Liability Company (LLC) ,
Managing Members ,
New York ,
Non-Signatories ,
Operating Agreements ,
Regulatory Requirements