On August 1, 2025, legislation went into effect amending the Delaware Limited Liability Company Act (the LLC Act), the Delaware Revised Uniform Limited Partnership Act (the LP Act), and the Delaware Revised Uniform...more
8/5/2025
/ Delaware ,
Filing Requirements ,
Foreign Entities ,
Limited Liability Company (LLC) ,
Limited Partnerships ,
Mergers ,
New Amendments ,
New Legislation ,
Operating Agreements ,
Partnerships ,
Ratification ,
Registered Agents ,
Safe Harbors
In re Intervention Energy Holdings, LLC, Case No. 16-11247 (D. Del. June 3, 2016), the Bankruptcy Court for the District of Delaware dealt with the issue of whether a Delaware LLC lacked authority to file a Chapter 11...more
In a recent Delaware Court of Chancery case - Hyatt v. Al Jazeera America Holdings II, LLC, C.A. No. 11465-VCG - Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery took on a “familiar” issue with a “twist”:...more
4/21/2016
/ Advancement ,
Counterclaims ,
Delaware General Corporation Law ,
Former Directors ,
Forum Selection ,
Indemnification ,
Limited Liability Company (LLC) ,
Litigation Fees & Costs ,
Merger Agreements ,
Nexus ,
Target Company
Pennsylvania’s new Entity Transactions Law is expected to streamline the process of effecting certain fundamental changes or change of control transactions. Effective July 1, 2015, companies doing, or wishing to conduct,...more