Tag Archives: LLC managers

Show Me the Money (Later)! – Non-Cash & Equity Incentives for LLCs

Authored by John Millspaugh and Kevin Halloran Our clients frequently ask us to advise them on how to provide equity-based incentives to employees in their limited liability company (LLC).  Knowing that simply answering the question may involve much more than … Continue reading

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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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