Season 6 · Episode 3
Mastering LLCs – Episode 3: Member- versus Manager-Managed LLCs
Organized: The Business Law Breakdown
July 27, 202531m 36s
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Show Notes
Join Professor Seth C. Oranburg as he contrasts member-managed (partnership-like) and manager-managed (corporation-like) LLCs under ULLCA §407. He discusses defaults, fiduciary duties, binding authority, and cases like Freely v. NHAOCG and McConnell v. Hunt Sports. A key episode for navigating LLC governance and avoiding conflicts.