Fiduciary Duty, Contract Terms, Investors

Delaware Court Upholds Contractual Freedom in Dismissal of CityMD Merger Challenge

Jenner & Block on 7/17/2025

In a landmark decision with far-reaching implications for private equity-backed ventures and minority investors in Delaware limited liability companies, the Delaware Court of Chancery dismissed a lawsuit brought by former...more

I’ll Cry if I Want To – But Taking Steps to Avoid Tears Is a Better Strategy for Private Company Business Partners

Bradley Arant Boult Cummings LLP on 1/14/2025

In recent years, the headlines have tracked the news of high-profile breakups among business partners in private companies. These business partner fallouts include: - 2023: Sam Altman was ousted as Open AI CEO (for...more

B2B, B2C, BVI – Crypto Disputes in the Caribbean

Conyers on 11/9/2023

In the crypto world, does it really matter where you are? Is there a sunny offshore paradise perspective on the click of a button and a fintech trade? The answer lies as usual in how to unravel a problem should it arise. Both...more

“Good Faith” in Shareholders’ Agreements: What Does it Mean?

Goodwin on 12/2/2022

Shareholder agreements often include an obligation that the shareholders must act with “good faith” in their dealings with one another and with the company. However, what does that actually mean? In this insight, we consider...more

What You Need To Know About Negotiating A Venture Term Sheet

Goodwin on 11/2/2020

For any founder, whether a first-timer or a serial entrepreneur, it’s an exciting moment when you receive a term sheet from a venture capital fund for your company’s first preferred stock financing round. Excitement aside,...more

Sellout: Why Control is Key in the Sale of VC-Backed Companies

Farrell Fritz, P.C. on 4/19/2017

Every founder of a growth startup dreams of a big, successful exit — a sale of the company for millions of dollars. But that dream could be shattered if the investors are able to cause the company to be sold prematurely with...more