Good Faith

This panel will discuss the various concepts of good faith—contractual good faith, fiduciary good faith, and the implied covenant of good faith and fair dealing—in the context of LLCs and partnerships. The panel will discuss recent case law regarding good faith and various transactional scenarios involving LLCs and partnerships in which issues of good faith may arise.

Collins J. Seitz, Jr., Donald F. Parsons, Jr., Lisa R. Jacobs, and Srini Raju

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  • Business Law Section
  • 2017 LLC Institute