Author Archives: Bose McKinney & Evans LLP

About Bose McKinney & Evans LLP

Bose McKinney & Evans LLP is a business law firm, headquartered in Indianapolis, Indiana, serving both publicly held and privately held businesses, governmental entities and high-growth industries. Our clients include Fortune 100 companies, international manufacturers, national and regional financial institutions, agribusinesses, sports teams, university-incubated start-ups, media, utilities, cities and schools, to name a few. We strive to build strong relationships with our clients as key business advisors, to exceed expectations in the quality of our work, to be knowledgeable about our clients’ businesses and sectors, to be responsive to service needs and to continually seek to improve the delivery of client services. Our ultimate focus is on our clients.

Delaware Supreme Court Declines to Impose Default Fiduciary Duties on LLC Managers

Does the Delaware Limited Liability Act impose “default” fiduciary duties on LLC managers? Gently shakes magic 8-ball.  “Ask again later.” In a recent case, the Delaware Supreme Court declined to recognize “default” fiduciary duties as applying to LLC managers under … Continue reading

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