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Daily Archives: Monday, February 6, 2017

Posted: February 6, 2017

LLC Member Does Not Owe Fiduciary Duty To Managing Member Or To The LLC Itself

On January 31, Justice Singh of the New York County Commercial Division issued a decision in Landes v. Provident Realty Partners II, L.P., 2017 NY Slip Op. 30196(U), denying and granting summary judgment motions made by the parties. The underlying dispute involves the relationship between several LPs and LLCs holding indirect interests in real property…. Read more »