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20Dec

Massachusetts High Court Considers Remedies Available to Dissenting LLC Members Where Merger Is Undertaken in Violation of Fiduciary Duties

In Allison v. Eriksson, 479 Mass. 626 (Mass. 2018), a majority LLC member undertook a merger in violation of his fiduciary duties. In a case of first impression, the Supreme Judicial Court of Massachusetts held that equitable remedies, in addition...
By: Novack and Macey LLP
Source Url: https://www.jdsupra.com/legalnews/massachusetts-high-court-considers-49594/

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