Please answer this question in 3-4 direct sentences. Refer to example below:

"Whether or not Grace is liable. This is why Grace is or is not liable. This is the law/rule that explains why she is or is not liable"

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Case 6.8 Duty of Loyalty Grace is a member and a manager of a manager-man- aged limited liability company called Movers & You, LLC, a moving company. The main business of Movers & You, LLC, is moving large corporations from old office space to new office space in other buildings. After Grace has been a mem- ber-manager of Movers & You, LLC, for several years, she decides to join her friend Keegan and form another LLC, called Keegan & Me, LLC. This new LLC provides moving services that move large corporations from old office space to new office space. Grace becomes a member-manager of Keegan & Me, LLC, while retaining her member-manager position at Movers & You, LLC. Grace does not disclose her new position at Keegan & Me, LLC, to the other members or managers of Movers & You, LLC. Several years later, the other members of Movers & You, LLC, discover Grace's other ownership and management position at Keegan & Me, LLC. Movers & You, LLC, sues Grace to recover damages for her working for Keegan & Me, LLC. Is Grace liable