04Aug
An Illustration of Remote Controller Fiduciary Liability
Under Delaware law, indirect controllers of a Delaware limited liability company (“LLC”) can owe limited fiduciary duties to the LLC and its members if they exert control over the LLC’s assets, unless those duties are clearly and unambiguously waived by the LLC’s operating agreement....
By:
Gray Reed
Source Url: https://www.jdsupra.com/legalnews/an-illustration-of-remote-controller-60238/
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