Fox & Moghul receives many queries every day regarding disputes between business partners. In a Limited Liability Company (LLC) in Virginia, each member and manager owes fiduciary duties to the entity to further its best interests. These duties include the duty of loyalty and the duty of care. In simple terms, fiduciary duties require business

American Law Institute, The Practical Lawyer, “Direct vs Derivative Claims: Permitting Direct Shareholder Actions for Closely Held Corporations,” by Faisal Moghul and Joseph Rugari (July, 2022).