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Matthew H. McKinney, Esq.
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Tag Archives: Fiduciary Duties
PART I – A Director’s Fiduciary Duty to Question and Disclose Information?
PART I – 2013 Changes to the Iowa Business Corporation Act. This post is the first in a series of posts that will address several changes to the Iowa Business Corporation Act (Iowa Code Chapter 490) as approved by the … Continue reading
Posted in Business Owner, Director, Intra-corporate dispute, Litigation, Manager, Member, New Law, Officer, Partners, Partnership, Shareholder
Tagged Board of directors, Business Dispute, Business Divorce, corporate dispute, Director Duties, director liability, director personal liability, Duty to Disclose, Duty to Question, Fiduciary Duties, Fiduciary Duties in a Corporation, Iowa Attorney, Iowa Business Law, Iowa Corporate Law, Iowa Directors, Iowa Law, Iowa Lawyer, Shareholder Dispute
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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 Arizona Business Law, Arizona Intra-corporate dispute, Breach of Fiduciary Duties, Fiduciary Duties, Fiduciary Duties in a Business, Fiduciary Duties in an LLC, Fiduciary Duties in Arizona, Iowa Business Law, Iowa Corporate Law, Iowa Intra-corporate disputes, Iowa Law, Iowa Law for LLCs, Iowa litigation
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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 Arizona Attorney, Arizona Business Law, Arizona Derivative Litigation, Arizona Intra-corporate dispute, Arizona law, Fiduciary Duties, Fiduciary Duties in a Business, Fiduciary Duties in an LLC, Fiduciary Duties in Arizona, Fiduciary Duty, Intra-corporate dispute
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Fiduciary Duties in an LLC, do They Exist in Arizona?
The short answer is, it depends. In Arizona, at the time of writing this post, fiduciary duties are not implied as a matter of law between members and/or managers and the LLC. However, fiduciary duties may nonetheless exist if the … Continue reading
Fiduciary Duties
The Who, What, When, Where, and Why of Fiduciary Duties in Small Businesses and Corporations. A Brief Introduction to a Broad, Complex, and Ever-Changing Duty. What is a fiduciary duty? A fiduciary duty is often regarded as the highest duty … Continue reading
Posted in Business Owner, Director, Litigation, Shareholder, Shareholder
Tagged Business Owners, Director, Duty of Care, Duty of Confidentiality, Duty of Loyalty, Duty to Disclose, Duty to Inspect, Fiduciary Duties, Fiduciary Duty, manager, member, Officer, Partner, Shareholder, Standards of Conduct
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