This is a New York law question:
In an action by a former manager/member of an LLC against a former manager/member for an accounting based on breach of fiduciary duty, what kind of recovery can the plaintiff get? For example, in a trust or estate situation the court may deny commission and/or surcharge a fiduciary. There does not seem to be any statutory guidance and very little case law on the matter.
In an action by a former manager/member of an LLC against a former manager/member for an accounting based on breach of fiduciary duty, what kind of recovery can the plaintiff get? For example, in a trust or estate situation the court may deny commission and/or surcharge a fiduciary. There does not seem to be any statutory guidance and very little case law on the matter.