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Home / Courts / N.C. Business Court / Tort/Negligence – LLC Members & Managers – Product Development – Soccer Goalie Glove (access required)

Tort/Negligence – LLC Members & Managers – Product Development – Soccer Goalie Glove (access required)

If the plaintiff-limited liability company’s allegations are true and one of its managers used company resources to secretly develop a competing product, this would be akin to looting, and the manager’s actions would not be absolved by an operating agreement clause that says managers are not limited from engaging in “any business venture or activity.” The ...

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