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

10-1 - Case Study ExampleLegally, Mark Levitt should have been informed transparently about the causa for his removal. His removal from the position by three members of the company indicates that they were driven by self interest rather than the betterment of the company in the long term. additionally no fiduciary duties towards the LLC were violated since being a manager also entails management of all company assets unless Mark Levitt intended to sell off the accredited 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 in that respect are still loopholes in the case and additional information is required in order to proceed with the case. Firstly, the previous managers purpose and indigence behind selling off the real estate property. Secondly, the clear reasons for Mark Levitts removal from his position. Further information rega rding the ownership of the property is needed to explain the position of Lauren Bivins. Full information needs 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