News & Analysis as of

Mergers Safe Harbors Limited Partnerships

McCarter & English, LLP

Recent Amendments to Delaware Alternative Entity Statutes

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

Troutman Pepper Locke

Delaware Court Again Finds Conflicted Transaction Safe Harbors Not So Safe

Troutman Pepper Locke on

Limited partnerships and limited liability companies, as creatures of contract, often have in their governing agreements safe harbor provisions for approval of conflicted transactions with interested parties. These are...more

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