Fiduciary duty Archives - Real Estate Attorney Cleveland Ohio

Thomas v. Fletcher: Becoming Your Corporation’s Landlord

Posted on February 19, 2015

Thomas v. Fletcher, a 2006 case out of the Ohio 3rd District Court of Appeals, is a sordid tale of three feuding corporate shareholders, and one man’s struggle to gain the upper hand against two brothers aligned against him. The case briefly touches on the conflict of interest presented by renting property to your corporation, […]

Fiduciary duty

McConnell v. Hunt Sports Enterprises: How the Columbus Blue Jackets shaped LLC law

Posted on February 17, 2015

Back in 1996, the NHL approached the mayor of Columbus about starting an expansion franchise in that city. The subsequent dealings among the partners of the enterprise ignited a legal controversy that eventually led to the award of $920,000 in legal fees, and set a precedent for modifications to fiduciary duty in LLC operating agreements. […]