Search for: "Definition Delaware, LLC" Results 21 - 40 of 349
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27 Feb 2023, 4:34 am by Peter J. Sluka
Until a more definitive case comes along, I expect estate counsel to cite 1376 Forest and LLC Law 608 as altering the balance of power in disputes with the surviving members of an LLC, whether over dissolution or conceivably asserting derivative claims. [read post]
22 Jan 2023, 6:59 pm by Francis Pileggi
Brennecke** Courtesy of the Delaware Business Court Insider, which published this article in two parts (it’s 34-pages long), this is our annual review of key Delaware corporate and commercial decisions. [read post]
In Kodiak Building Partners, LLC v Adams, the Delaware Chancery Court ruled that a non-compete contained in the parties’ sale of business agreement was overbroad. [read post]
7 Nov 2022, 8:38 am by Paul Pryzant and Matthew Simmons
The parties In a very recent opinion on October 6, 2022, by the Delaware Chancery Court, Kodiak Building Partners, LLC v Adams, Vice Chancellor Zurn ruled that the restrictive covenants imposed on a stockholder in an acquisition were overbroad and unenforceable. [read post]
7 Nov 2022, 3:34 am by Peter Mahler
Court Upholds Amendment of Limited Partnership Agreement’s Dissolution Date In Steven Mizel Roth IRA v Unified Capital Partners 3 LLC, District Judge Naomi Reice Buchwald describes the subject Delaware limited partnership as “an entity that was formed to pool investments into a fund (the “Fund”) for litigation-related financing ventures. [read post]
31 Oct 2022, 4:00 am by Albena Petrakov, Esq.
This summer First Guarantee Mortgage Company filed for bankruptcy in the District of Delaware. [read post]
11 Oct 2022, 7:16 am by Kevin LaCroix
LLC, have yet to issue definitive positions on whether they would recommend voting for officer exculpation. [read post]
31 Aug 2022, 11:42 am by IncNow
While you don’t need to live in Delaware to have a Delaware LLC, you do need to have a registered agent in the state of Delaware. [read post]
22 Jul 2022, 9:21 am by IncNow
Unlike the chicken or the egg, this question has a definitive answer – the LLC formation comes before the business license. [read post]
11 Jul 2022, 10:32 am by IncNow
Unlike the chicken and the egg, this one has a definitive and undebatable answer – the LLC formation comes before the business license for the LLC. [read post]
20 Jun 2022, 4:41 am by Peter Mahler
As Professor Kleinberger puts it, “some plaintiffs should win, and others definitely should not. [read post]
13 May 2022, 10:54 am by Holly Brezee
Delaware is definitely not a “one size fits all” for every company; however, if you are a start-up and looking to raise capital from venture capital firms and angel investors, they like to work with Delaware C-Corporations. [read post]