With Barry Brooks, Kevin Logue
In its January 27, 2012 decision in "Auriga Capital Corp. et al v. Gatz Properties LLC et al", C.A. 4390- CS (Del. Ch. Jan. 27, 2012), the Delaware Court of Chancery reaffirmed that limited liability company managers and other fiduciaries are charged with the equitable fiduciary duties of care and loyalty, similar to the obligations of officers and directors of a corporation, and that, in order to eliminate or limit those duties, the parties to the limited liability agreement must so agree in th