Court of Appeals of Oregon July 1, 2009, 06-01-00508 A135831 (Control) 06-01-00509 A135833 (Bernards v. Summit Real Estate Management, Inc.)

*360

SCHUMAN, J.

Plaintiffs are members of two limited liability companies (LLCs), each of which owns an apartment complex. They brought this derivative action in the name of the LLCs against the other members (member defendants), arguing that member defendants breached a duty to the LLCs by refusing to take legal action against the company that managed the apartments and one of its officers who