Bach to Business

Our award-winning blog draws from Elizabeth Whitman’s background in and passion for classical music to illustrate creative solutions for complex legal challenges for businesses and real estate investors.

Posts tagged Operating Agreement

Majority LLC Members Take Note: You May Have a Fiduciary Duty to the Other Members

Maryland now recognizes an independent cause of action for breach of fiduciary duty by majority members.

Business Law, Limited Liability CompanyElizabeth WhitmanJuly 27, 2020limited liability company, LLC, fiduciary duty, minority member, majority member, controlling member, Mozart in the Jungle, standard of care, Operating Agreement

Singing Auld Lang Syne and Inventorying Special Purpose Entities

At year-end, businesses and real estate investors should inventory their special purpose entities and decide whether they continue to be necessary.

Real Estate Investments, Business Law, Limited Liability CompanyElizabeth WhitmanDecember 8, 2019Elizabeth A. Whitman, Elizabeth Whitman, Whitman legal solutions, Orchestrating Real estate, Bach to Businesss, auld lang syne, special purpose entity, SPE, Operating Agreement, LLC Dissolution, LLC termination, articles of cancellation, certificate of dissolution