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PATIN v. FERGUSON

No. 13-115.

115 So.3d 1204 (2013)

James Patrick PATIN v. Leo William FERGUSON.

Court of Appeal of Louisiana, Third Circuit.

June 5, 2013.

Attorney(s) appearing for the Case

David Payne Spence , Alexandria, LA, for Defendant/Appellant, Leo William Ferguson.

Edwin Gustav Preis, Jr. , Preis & Roy, Lafayette, LA, for Plaintiff/Appellee, James Patrick Patin.

Court composed of ULYSSES GENE THIBODEAUX, Chief Judge, ELIZABETH A. PICKETT, and JOHN E. CONERY, Judges.

THIBODEAUX, Chief Judge.

In this business dispute, the plaintiff, James Patin, alleges that his co-member in their joint limited liability company ("LLC"), American Recycling, LLC ("American Recycling," "the LLC," or "the company"), defendant William Ferguson, breached his fiduciary duties to the LLC by unilaterally selling the company's primary piece of equipment, an Al-jon Model 580 CL Logger Baler ("the Baler") and dissolving the company. The trial court agreed...

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