Legal Opinion
Plank v. Cherneski
Court of Appeals of Maryland
Decided July 14, 2020No. 3m/19PublishedCited by 117 opinions
1Opinion of the Court
William H. Plank, II, et al. v. James P. Cherneski, et al., Misc. No. 3, September Term, 2019, Opinion by Booth, J. FIDUCIARY DUTIES – MANAGING MEMBERS OWED TO LIMITED LIABILITY COMPANY AND MEMBERS – AGENCY. Managing members of an LLC owe common law fiduciary duties to the LLC and to the other members based upon the fiduciary relations governing the principles of agency. BREACH OF FIDUCIARY DUTY AS AN INDEPENDENT CAUSE OF ACTION. In Kann v. Kann,
344 Md. 689
(1997), and our jurisprudence that followed, this Court recognized a breach of fiduciary duty claim as an independent cause of action. To…
2Cases cited61 opinions
- Hensley v. EckerhartSupreme Court of the United States · 1983
- Cochran v. NorkunasCourt of Appeals of Maryland · 2007
- Central Green Co. v. United StatesSupreme Court of the United States · 2001
- Myers v. KayhoeCourt of Appeals of Maryland · 2006
- Nova Research, Inc. v. Penske Truck Leasing Co.Court of Appeals of Maryland · 2008
56 more not listed; retrieve them via the Exa API.
3Cited by117 opinions
- Joseph Allen, IV v. Brown Advisory, LLCCourt of Appeals for the Seventh Circuit · 2022
- Amer. Radiology v. ReissCourt of Appeals of Maryland · 2020
- Assanah-Carroll v. Law Offices of MaherCourt of Appeals of Maryland · 2022
- John Xereas v. Marjorie HeissCourt of Appeals for the D.C. Circuit · 2021
- Lin v. CruzCourt of Special Appeals of Maryland · 2020
112 more not listed; retrieve them via the Exa API.