Recent changes to the Delaware Limited Liability Act (the “Act”) will require modification to Lenders’ forms of loan documentation, at least as they relate to loans to Delaware LLCs. The Act was amended effective as of August...more
3/8/2019
/ Amended Legislation ,
Borrowers ,
Consumer Lenders ,
Delaware General Corporation Law ,
Delaware Limited Liability Company Act ,
Fraudulent Conveyance ,
Joint and Several Liability ,
Lenders ,
Limited Liability Company (LLC) ,
Mergers ,
Risk Mitigation ,
Written Consent