Clarkson Collins, Jr.

Clarkson Collins, Jr.

Morris James LLP

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The Court of Chancery Provides Guidance on Whether Deprivation of an LLC Member’s Contractual Right to Vote Provides a Direct or...

The derivative suit concept so familiar in the corporate context has been grafted onto the limited liability form. The contractual nature of limited liability companies and their often closely-held membership can pose...more

7/21/2021  /  Breach of Duty , Derivative Suit , Fiduciary Duty , Limited Liability Company (LLC) , Operating Agreements
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