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The Texas Journal of Business Law (Archive)
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Volume 45, Issue No. 2 (Spring, 2013)
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Limited Liability Company Law – Whether a Manager of a Manager-Managed Limited Liability Company Breached Fiduciary Duties Under Delaware Law to the Limited Liability Company and Its Members

Limited Liability Company Law – Whether a Manager of a Manager-Managed Limited Liability Company Breached Fiduciary Duties Under Delaware Law to the Limited Liability Company and Its Members

Gatz Props., LLC v. Auriga Capital Corp., 59 A.3d 1206 (Del. 2012)

2013 Spring_Arthur_Note_Gatz Props LLC v Auriga Capital Corp.pdf
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66‑2/3% of All Interests RuleArms‑Length Transaction TestBreach of Contractual Duties StandardBreach of Fiduciary DutiesBreach of Fiduciary Duties StandardBurden of Proof For Fair Price StandardDelaware General Corporation LawDelaware Limited Liability CompanyDelaware Limited Liability Company ActDisplacement of Duties by Contract RuleDuty of CareDuty of LoyaltyFair Price TestFiduciary Duties DoctrineFiduciary DutyGood Faith Negotiation DoctrineLimited Liability CompanyMajority of Nonaffiliated Members RulePrecedential Value DoctrineReasonable Minds Could Differ StandardSection 15 of The LLC AgreementSelf‑Dealing DoctrineStatutory Interpretation DoctrineStatutory Pronouncements Must Be Regarded as Dictum Doctrine
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