Minnesota Invco of RSA 7, Inc. v. Midwest Wireless Holdings LLC

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• upholding board of directors' decision where evidence at trial showed board acted “upon the advice of counsel and Bear Stearns”
• applying the traditional corporate definition of the business judgment rule to a breach of duty of care claim against LLC managers
• stating that if terms in a Delaware LLC agreement are clear and unambiguous, then courts must give the terms their plain meaning, but if the terms are ambiguous, the court may look to extrinsic evidence to determine the intent of the parties

Source: CourtListener parenthetical corpus (CC0).