asked

My wife owns 20% interest in an LLC where board members engaged in usury lending practices, charging the company 30% interest on loans. She signed a hold harmless agreement regarding a non-compete issue, unaware of the self-dealing and fiduciary neglect. Can she sue the board members for their usury lending practices and self-dealing, or will the hold harmless agreement inhibit her chances for success in Florida?

February 22nd, 2024

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