On August 1, 2025, legislation went into effect amending the Delaware Limited Liability Company Act (the LLC Act), the Delaware Revised Uniform Limited Partnership Act (the LP Act), and the Delaware ...
In its recent decision in Pack Liquidating, the Delaware Bankruptcy Court concluded that the DLLCA does not bar the bankruptcy court from authorizing a creditors' committee to assert what would ...
In a recent opinion, Delaware Court of Chancery Vice Chancellor J. Travis Laster, siding with Chancellor Leo E. Strine Jr., said Delaware's LLC Act does impose default fiduciary duties upon an LLC's ...
Court refuses to enforce Delaware statutory provision stripping LLC interests upon bankruptcy filing
January 3, 2024 - In In re Envision Healthcare Corp., No. 23-90342, the United States Bankruptcy Court for the Southern District of Texas (Judge Christopher Lopez) addressed a "direct conflict" ...
You are advising a client regarding the organization of a new business venture to be based in New Jersey. You have determined to recommend a limited liability company as the form of business entity.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results