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Fiduciary Duties

The Who, What, When, Where, and Why of Fiduciary Duties in Small Businesses and Corporations. A Brief Introduction to a Broad, Complex, and Ever-Changing Duty. What is a fiduciary duty? A fiduciary...

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Fiduciary Duties in an LLC, do They Exist in Arizona?

The short answer is, it depends.  In Arizona, at the time of writing this post, fiduciary duties are not implied as a matter of law between members and/or managers and the LLC.  However, fiduciary...

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Can I Challenge Poor Decisions Made by my Business’ Management?

The Business Judgment Rule – a rule all business owners / shareholders should consider before challenging decisions made by a business’ management. Generally speaking, decisions made by a business’...

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Fiduciary Duties and Creditors?

Difficult economic times frequently generate unanticipated questions and challenges for a corporation and its creditors.  One unanticipated question may include if or when fiduciary duties should be...

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March 2012, Arizona Attorney – Fiduciary Duties in an Arizona LLC

The March 2012 Arizona Attorney contains a detailed article and analysis regarding the current status of fiduciary duties in Arizona LLCs.  The comprehensive article, authored by attorneys serving on...

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Fiduciary Duties in an LLC, do They Exist in Arizona?

The short answer is, it depends.  In Arizona, at the time of writing this post, fiduciary duties are not implied as a matter of law between members and/or managers and the LLC.  However, fiduciary...

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