The Nevada District Court recently clarified that the business judgment rule — a fundamental corporate law protection — applies to limited liability companies when their operating agreements specify fiduciary duties. The...more
8/14/2025
/ Business Court ,
Business Disputes ,
Business Entities ,
Business Judgment Rule ,
Business Litigation ,
Contract Terms ,
Corporate Governance ,
Duty of Loyalty ,
Exculpatory Clauses ,
Fiduciary Duty ,
Limited Liability Company (LLC) ,
Nevada ,
Operating Agreements ,
Statutory Interpretation