Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document outlines the limitations of liability for managers and members of the Company. It specifies the conditions under which managers can be held liable and states that members are not liable for the debts and obligations of the Company under the Uniform Limited Liability Company Act.
Metadata
- Subject
- ARTICLE SEVEN LIMITATION OF LIABILITY
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0060741, SDNY_GM_00206925
- Date
- —
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| manager | business | Company | Manager's duty to the Company |
| member | business | Company | Member's liability for the debts and obligations of the Company |
Notable Quotes 1
No manager of the Company shall be liable to the Company or its members for monetary damages for an act or an omission in such manager's capacity as a member, except for liability of a manager for (i) a breach of a manager's duty of loyalty to the Company or its members, (ii) an act or omission, not in good faith, that constitutes a breach of duty of a manager to the Company or an act or omission that involves intentional misconduct or a knowing violation of the law, (iii) a transaction from which a manager received an improper benefit, whether or not the benefit resulted from an action taken within the scope of the manager's position, or (iv) an act or omission for which the liability of a manager is expressly provided for by an applicable statute.
Raw Analysis JSON
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Themes
Legal matters/litigationBusiness dealings
Organizations 2
CompanyUniform Limited Liability Company Act
Text Analysis
- Tone
- Legal
- Purpose
- To define the limitations of liability for managers and members of the Company.
- Significance
- This document outlines the legal protections and responsibilities of managers and members within the Company, defining the circumstances under which they can be held liable for damages or debts.
File Info
- File Name
- EFTA01368811.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:09.414853
- DOJ Source
- View on DOJ