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Edward Robson, Robson & Robson. Edward Robson, Robson & Robson.

Many transactional attorneys view the fiduciary duties that flow from those in control of a company—officers, directors, managers, general partners and majority shareholders—to those not in control to be a nuisance because of the uncertainty they introduce into corporate transactions. To these attorneys, those duties are particularly problematic in the context of limited liability companies, limited liability partnerships and similar noncorporate entities because their contours are less defined than in a traditional corporation.

 
 

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