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Home / Courts / N.C. Business Court / Tort/Negligence — Breach of Fiduciary Duty – LLC – Partnership & Franchise Contracts (access required)

Tort/Negligence — Breach of Fiduciary Duty – LLC – Partnership & Franchise Contracts (access required)

Although the parties did not enter into operating agreements for their limited liability companies, defendants have sufficiently alleged that the parties’ partnership and franchise agreements function as the operating agreements for their LLCs. The court denies plaintiff’s motion to dismiss defendants’ counterclaim for breach of fiduciary duty. Allegations In contemplation of opening day care centers in North Carolina, ...

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