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Articles Posted in Minority Oppression Lawyers Near Chicago and Naperville

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Purchaser of Economic Interest in LLC Lacks Standing to Bring Breach of Fiduciary Duty Claim

After the plaintiff purchased an economic interest in an LLC at a UCC sale, she brought claims for breach of fiduciary duty and breach of good faith and fair dealing against the manager of the LLC. The plaintiff alleged that she was entitled to inspect the books and financial documents…

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