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Attorney's Fees LLC Agreements

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Chancery Explains Standards of Review for Receiver Determinations and Shifts Fees and Expenses in Dissolution

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In re Dissolution of Jeffco Management, LLC, C.A. No. 2018-0027-PAF (Del. Ch. Aug. 16, 2021) - When the Court of Chancery appoints a receiver to effectuate a company’s dissolution, certain determinations are subject to de...more

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Court Of Chancery Rescinds LLC Agreement For Fraud In The Inducement

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Trascent Management Consulting LLC v. Bouri, C.A. 10915-VCMR (September 10, 2018) - This is an interesting decision because it holds that an entity may bring a fraudulent inducement claim for statements made before it was...more

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Delaware Supreme Court Rejects Fraud Defense To Advancement

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Delaware strongly protects a party’s right to advancement of attorney’s fees. This decision holds that a claim of fraudulent inducement cannot be asserted as a defense in a contractual advancement case even when the fraud is...more

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