Tag Archives: Arizona Intra-corporate dispute

Are Fiduciary Duties a “Default Rule” in LLCs?

In an incredibly detailed, 75 page opinion, the Delaware Court of Chancery confirmed that, at least in Delaware, “Default Fiduciary Duties Do Exist In The LLC Context.”  The full opinion, Auriga Capital Corp. v. Gatz Properties LLC, C.A. No. 4390-CS … Continue reading

Posted in Business Owner, Director, Intra-corporate dispute, Litigation, Manager, Officer, Partners, Shareholder | Tagged , , , , , , , , , , , , | 1 Comment

March 2012, Arizona Attorney – Fiduciary Duties in an Arizona LLC

The March 2012 Arizona Attorney contains a detailed article and analysis regarding the current status of fiduciary duties in Arizona LLCs.  The comprehensive article, authored by attorneys serving on a committee developing proposed changes for the Arizona LLC Act, can … Continue reading

Posted in Intra-corporate dispute, Litigation, Manager, Member | Tagged , , , , , , , , , , | Leave a comment