Legal Opinion
Flippo v. CSC Associates III, L.L.C.
Supreme Court of Virginia
Decided June 8, 2001No. Record 002183PublishedCited by 52 opinions
1Opinion of the CourtJustice Lacy
In this appeal, two members of a limited liability company seek reversal of a trial court’s judgment entered in consolidated cases holding one of the members liable for a breach of fiduciary duty to the limited liability company, barring both members from performing as managers of the company, awarding compensatory and punitive damages, and imposing sanctions pursuant to Code § 8.01-271.1. Because we conclude that there was no abuse of discretion by the trial court and no reversible error in the judgment, we will affirm that judgment.
I. Facts
T. Frank Flippo owned timberlands in Hanover,…
2Cases cited16 opinions
- Gazette, Inc. v. HarrisSupreme Court of Virginia · 1985
- Ames v. American National BankSupreme Court of Virginia · 1934
- Simmons v. MillerSupreme Court of Virginia · 2001
- Booth v. RobertsonSupreme Court of Virginia · 1988
- Oxenham v. JohnsonSupreme Court of Virginia · 1991
11 more not listed; retrieve them via the Exa API.
3Cited by52 opinions
- Winforge, Inc. v. Coachmen Industries, Inc.Court of Appeals for the Seventh Circuit · 2012
- KMK Factoring, L.L.C. v. McKnew (In Re McKnew)United States Bankruptcy Court, E.D. Virginia · 2001
- Pocahontas Min. Ltd. v. Cnx Gas Co., LLCSupreme Court of Virginia · 2008
- Rose v. JaquesSupreme Court of Virginia · 2004
- VEPCO v. Norfolk Southern Ry. Co.Supreme Court of Virginia · 2009
47 more not listed; retrieve them via the Exa API.