Monday, May 14, 2007

Fiduciary duty claim kicked out of court

The lead story in this week’s issue of Virginia Lawyers Weekly presents a case with a first-impression issue of corporate law.

In WAKA LLC v. Humphrey, a case involving an adult kickball league, Fairfax Circuit Judge Leslie M. Alden found that members of an LLC owe no fiduciary duty to one other.

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