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15 Aug 2022, 3:48 am by Peter Mahler
 Mohinani v Charney, 2022 NY Slip Op 04782 [App Div 1st Dept Aug. 2, 2022], is the rare case in which, after discovery and after trial, the lower court dismissed the LLC members’ lawsuit pleading direct claims on the ground that all the damages plaintiffs sought to prove and recover upon a theory of defendant’s breach of fiduciary duty would have been losses directly suffered by the LLC. [read post]