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Investors Breach of Contract LLC Agreements

Morris James LLP

Delaware Supreme Court Clarifies When LLC Agreement Makes A Contract Void

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CompoSecure LLC v. Cardux LLC, C.A. No. 177,2018 (Del. November 7, 2018) - This is an important decision because it holds that an LLC agreement may make a contract void for failure to comply with the required provisions in...more

Morris James LLP

Court of Chancery Awards Fair Value to Forced-Out LLC Member

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Domain Associates LLC v. Shah, C.A. No. 12921-VCL (Del. Ch. Aug. 13, 2018) - An LLC agreement may provide what payout a departing member receives for his or her interest. It also may provide that a member may be forced to...more

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