American Master Lease v. Idanta Partners

Good Law
Court of Appeal of CaliforniaMay 27, 2014B244689MCalifornia18,022 words

Opinion

Opinion

Filed 5/27/14 (unmodified opn. attached)

CERTIFIED FOR PUBLICATION

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

SECOND APPELLATE DISTRICT

DIVISION SEVEN

AMERICAN MASTER LEASE LLC, B244689

Plaintiff and Respondent, (Los Angeles County Super. Ct. No. BC367987) v.

ORDER MODIFYING OPINION,

IDANTA PARTNERS, LTD. et al., NO CHANGE IN JUDGMENT

Defendants and Appellants.

THE COURT:

It is ordered that the opinion filed herein on May 5, 2014, be modified as follows: 1. On page 30, lines 3 to 11, the citation beginning with “See Corp. Code” and ending before the citation to “Huong Que, Inc.” is deleted and the following is inserted in its place: See former Corp. Code, § 17153 [“[t]he fiduciary duties a manager owes to the limited liability company and to its members are those of a partner to a partnership and to the partners of the partnership”];18 former Corp. Code, § 17001, subd. (w) [“manager” includes each of the members unless the articles of organization state that one or more members will manage the company];

2. On page 30, the text of footnote 18 is deleted and the following is inserted in its place:…

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