The Bank of New York Mellon, solely as Securities Administrator for J.P. Morgan Mortgage Acquisition Trust 2006-WMC4, Respondent,v.WMC Mortgage, LLC, Defendant, J.P. Morgan Mortgage Acquisition Corporation, et al., Appellants.
84 A.D.3d 583 (N.Y. App. Div. 2011) Cited 16 times
Stating that under Delaware law, fiduciary duties are imposed, "'only on managers and those designated as controlling members of an LLC,' and not on non-managing minority members such as DDR."