“Intentional” Breach of Fiduciary Duty Defeats Operating Agreement’s Exculpatory Clause
By EsqSocial Corporation 08/06/21
Last week, Peter Mahler blogged about a recent decision holding that a minority shareholder’s claim against its majority co-owners for breach of fiduciary duty in connection with a sale of the business to a third party overcame for pleading purposes a broad general release delivered by the minority shareholder as part of the deal documents....
By: Farrell Fritz, P.C.