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Valuation LLC Agreements

Morris James LLP

Chancery Address Valuation Issues Arising From LLC Member’s Withdrawal

Morris James LLP on

Smith v. Promontory Financial Group, LLC, C.A. No. 11255-VCG (Del. Ch. April 30, 2019). In the limited liability company context, LLC agreements sometimes provide for a buyout of a member deciding to withdraw its...more

Morris James LLP

Chancery Court Nullifies Cancellation of Certificate of Formation of Delaware LLCs

Morris James LLP on

Parties who form Delaware limited liability companies to organize their business affairs do so to structure their relationships contractually. This enables them to organize the governance and economic rights in a manner...more

McCarter & English, LLP

Delaware Law Updates - 2016 Year in Review

Our Delaware Corporate and Alternative Entity Law attorneys closely followed the opinions coming from Delaware’s Supreme Court and Court of Chancery. Our 2016 Year in Review is a collection of brief summaries of selected...more

McCarter & English, LLP

Delaware Law Updates - PECO Logistics, LLC v. Walnut Investment Partners, L.P.

Drafting LLC Agreements for Undesirable Outcomes: Sophisticated investor holds a “put right” but has no basis to challenge valuation on the units that are being “put.” A Delaware Court of Chancery opinion addresses a...more

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