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In LLC Stakeholder Claim Disputes, Pay Strict Attention to Agreement Terms and Possible Waivers

Bankruptcy cases almost always involve a substantial loss of value. When that happens, disputes arise and claims are asserted among stakeholders. This case is a reminder that when assessing the viability of such claims, if a limited liability company has been utilized for the business, strict attention must be paid to the terms of the agreement, starting with an analysis of whether all fiduciary duties have been waived.

11 minute read July 01, 2025 at 12:05 AM
By
Andrew C. Kassner
In LLC Stakeholder Claim Disputes, Pay Strict Attention to Agreement Terms and Possible Waivers

Disputes in restructuring matters often are adjudicated under state law.

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