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Holifield v XRI: Delaware Supreme Court reinforces primacy of freedom of contract for LLC agreements - Vimarsana News

Holifield v XRI: Delaware Supreme Court reinforces primacy of freedom of contract for LLC agreements

Published: December 21, 2023

In Holifield v. XRI Investment Holdings LLC, No. 407, 2022 (Del. Sept. 7, 2023), the Delaware Supreme Court affirmed the lower court’s determination…

Source: lexology.com
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Magic Words Still Matter, and Equitable Defenses Can't Save a "Void" Transfer | Farrell Fritz, P.C. - Vimarsana News

Magic Words Still Matter, and Equitable Defenses Can't Save a "Void" Transfer | Farrell Fritz, P.C.

Published: September 19, 2022

New York’s default rules regarding LLC members’ rights to transfer their interests appear in sections 603 and 604 of the LLC Law. Section 603 provides that a membership interest is...

Source: jdsupra.com
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