Indemnity: LLC Operating Agreement Provision Was An Indemnity, Not A Fees Clause, Requiring Reversal Of A $71,032.50 Fee Award To Prevailing Plaintiffs.
Cases: IndemnitySection 1717 Does Not Change The Result If The Indemnification Provision Does Not Apply. In JFK Investment Group, LLC v. Kobi, Case No. B287455 (2d Dist., Div. 3 May 31, 2019) (unpublished), plaintiffs won a LLC dispute and then obtained $71,032.50 in fees under an LLC indemnity provision. The relevant clause contained critical “indemnify” […]
