Blogs > Shareholder Disputes in Pennsylvania

LLC Act Amendment

Jun 18, 2018

LLC Members Do Owe Each Other Duties

According to a recent decision by the Pennsylvania Superior Court, members in a member-managed limited liability company (LLC) do owe duties to other members when they engage in wrongful conduct detrimental to other members.  Until this decision, there was a lack of clarity regarding whether majority members could oppress a minority member. » Read More