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Home / Opinion Digests / Corporate – LLC – Derivative Action (access required)

Corporate – LLC – Derivative Action (access required)

A plaintiff who owns a 2 percent share of a profitable Fairfield Inn Hotel in Chester, Va., who alleges that defendant fellow owners have conspired against her, defrauded her and taken over the management of the LLC, cannot sue individually on claims that belong to the company, and her suit for $1M in damages is ...

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