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Home / Courts / N.C. Business Court / Tort/Negligence – Breach of Fiduciary Duty – LLC Members – Breach of Contract – Capital Call (access required)

Tort/Negligence – Breach of Fiduciary Duty – LLC Members – Breach of Contract – Capital Call (access required)

Fiske v. Kieffer (Lawyers Weekly No. 020-023-16, 12 pp.) (Gregory McGuire, J.) 2016 NCBC 22 Holding: The holder of a majority interest who exercises control over a limited liability company owes a fiduciary duty to minority interest owners. However, minority interest owners who combine to make decisions opposed by a 40 percent-interest owner do not owe ...

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