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Corporations Keyed to Rhee
Transcent Management Consulting, LLC v. Bouri
Citation:152 A.3d 108 (Del. 2016)
Transcent Management Consulting, LLC hired a top executive – George Bouri – and installed him as a part owner, managing principal, and member of the board of managers of Transcent with responsibility for human resources, IT, and finance, positions Bouri occupied for sixteen months. When Transcent terminated Bouri and sued him, for violating his employment agreement, Bouri sought advancement to defend himself in accordance with the plain language of both his employment agreement and Transcent’s LLC agreement.
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