Arizona Supreme Court holds entity that does not control access to recreational land cannot be a manager entitled to immunity under A.R.S. § 33-1551(A).
Arizona Supreme Court holds that the manager of a limited liability company owes a common law fiduciary duty to the company, as does a member acting as an agent of the company, but that the company’s operating agreement may eliminate these duties.
Arizona Court of Appeals Division One holds that mere “solicitation” to violate a controlled substance law can disqualify a person from being a marijuana dispensary agent.
Court of Appeals Division One holds that: (1) a six-year statute of limitations governs judicial foreclosure; (2) the statute of limitations for enforcement of guaranty, absent agreement to the contrary, is identical to enforcement of the underlying note; and (3) a class action notice with an opportunity to opt out satisfied a deed of trust requirement that majority of lenders initiate default action.
Arizona Court of Appeals Division One holds that (1) the timeliness of a motion to intervene is measured from when the movant has notice that its interests are not being adequately represented, and (2) the ability to file another lawsuit does not, by itself, preclude intervention.