Limited Liability Company (LLC), Summary Judgment, Breach of Duty

Help Comes From an Unexpected Place in LLC Deadlock Dissolution: The Third Department

Farrell Fritz, P.C. on 1/27/2025

Join me if you know this refrain: In New York, deadlock is not an independent ground for LLC dissolution. But… Almost exactly two years ago from today, Peter Mahler published a post titled: “Has the Time Come for...more

LLC Operating Agreements Can Reduce Fiduciary Duties

Patton Sullivan Brodehl LLP on 9/30/2021

LLC managers owe fiduciary duties both to the LLC and to the LLC’s members, similar to the duties owed by a partner to other partners in a partnership. (Corp Code §17704.09.) These include the duty of loyalty, care, and...more

An LLC’s Attorney Represents the LLC’s Members Too, Right?

Patton Sullivan Brodehl LLP on 11/20/2019

Not long ago, The LLC Jungle posted an article addressing the perils of attorney representation of an LLC with two equal “co-managing members.” See Why Having “Co-Managers” for Your LLC is a Terrible Idea. This post...more

The Cash-Out Merger Solution to the Problem Minority Owner

Farrell Fritz, P.C. on 3/19/2018

How can majority business owners legally rid themselves of a problematic minority owner? Not by transferring the business’s assets to another entity for no consideration. ...more

Appellate Court Notes

Pullman & Comley, LLC on 5/7/2016

Supreme Court Advance Release Opinions: SC19493 - Standard Oil of Connecticut, Inc. v. Administrator, Unemployment Compensation Act - SC19493 Dissent - Standard Oil of Connecticut, Inc. v. Administrator,...more

Limited Liability Company (LLC) › Summary Judgment › Breach of Duty

Help Comes From an Unexpected Place in LLC Deadlock Dissolution: The Third Department

LLC Operating Agreements Can Reduce Fiduciary Duties

An LLC’s Attorney Represents the LLC’s Members Too, Right?

The Cash-Out Merger Solution to the Problem Minority Owner

Appellate Court Notes

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