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20 Nov 2017, 2:13 am by Peter Mahler
The Lotton Case In a Minnesota case called Lotton v Savich Herefords, LLC in which Professor Kleinberger testified at trial as an expert witness, the plaintiffs, who received by assignment from their deceased father’s estate his economic rights in the LLC, sued the remaining active member for breach of fiduciary duty, alleging various acts of waste and mismanagement of LLC assets. [read post]