10-1 Case Study Example | Topics and Well Written Essays - 250 words

10-1 - Case Study ExampleLegally, distinguish Levitt should have been informed transparently nearly the reason for his removal. His removal from the position by three members of the company indicates that they were driven by self gratify rather than the betterment of the company in the long term. Additionally no fiduciary duties towards the LLC were violated since universe a manager also entails management of all company assets unless Mark Levitt intended to sell glum the real estate for personal interests over the company interests (Fitzpatrick, 2014). The company should have had confidence in Mark Levitt for managing the real estate for the best interest of the company.Yet there are still loopholes in the deterrent example and additional information is required in order to proceed with the case. Firstly, the previous managers office and motive behind selling off the real estate property. Secondly, the clear reasons for Mark Levitts removal from his position. Further informat ion regarding the ownership of the property is needed to clarify the position of Lauren Bivins. Full information of necessity to be known as to the reason for Mark Levitts decision to sell of the companys main real estate in order to be visualize the whole