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Home / Opinion Digests / Contract / Contract – Partnership & LLC – Breach of Fiduciary Duty – Labor & Employment – Wages – Business Opportunities (access required)

Contract – Partnership & LLC – Breach of Fiduciary Duty – Labor & Employment – Wages – Business Opportunities (access required)

In this lawsuit arising from a failed business venture, plaintiff’s claim of breach of fiduciary duty fails because the parties’ purported partnership was subsumed into their limited liability company. The parties’ cross-motions for summary judgment are granted in part and denied in part. Fiduciary Duty While partners owe one another a fiduciary duty, members of a limited liability ...

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