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Corporate Sales Transactions › Limited Liability Company (LLC) › Contract Terms

Troutman Pepper Locke

Delaware Court of Chancery Allows Amendment of LLC Agreement to Permit Disparate Consideration Where Amendment Provisions Were...

Troutman Pepper Locke on

In Faiz Khan and Ralph Finger v. Warburg Pincus, LLC et al., the Delaware Court of Chancery held that the implied covenant of good faith and fair dealing was not applicable to a private equity sponsor’s amendment of a limited...more

Stinson - Corporate & Securities Law Blog

Court Finds Potentially Defective Conversion of an LLC Valid

Stinson - Corporate & Securities Law Blog on

Often in M&A transactions one stumbles across conversions to and from LLCs that do not strictly adhere with statutory formalities or terms of related limited liability company agreements....more

Farrell Fritz, P.C.

Consider Whether Your Buy-Sell Provision is a Call Option Before Pulling the Trigger

Farrell Fritz, P.C. on

As regular readers of the blog surely are aware, there are few provisions in an LLC or shareholders agreement more likely to be the focus of dispute than the buy-sell provision. Most times, these disputes expose a flaw in the...more

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