ATLANTIS MGT. GROUP II LLC v. NABE

10415. 651598/17.

177 A.D.3d 542 (2019)

2019 NY Slip Op 08499

Atlantis Management Group II LLC, Respondent, v. Rajan Nabe et al., Appellants.

Appellate Division of the Supreme Court of New York, First Department.

Decided November 21, 2019.


Supreme Court correctly found that Atlantis may seek an equitable accounting at common law (see Gottlieb v Northriver Trading Co. LLC, 58 A.D.3d 550, 551 [1st Dept 2009]). As the managing members of the LLCs, the individual defendants owed plaintiff—a nonmanaging member—a fiduciary duty (see Pokoik v Pokoik, 115 A.D.3d 428, 429 ...

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