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The Importance of "Plain and Unambiguous Language" When Eliminating Fiduciary Duties in Delaware | Schiffer Hicks Johnson - Vimarsana News

The Importance of "Plain and Unambiguous Language" When Eliminating Fiduciary Duties in Delaware | Schiffer Hicks Johnson

Published: August 11, 2022

The Delaware Limited Liability Company Act allows for the fiduciary duties of a member to be expanded, restricted, or eliminated by provisions in the operating agreement of a limited...

Source: jdsupra.com
Related Topics:
United StatesJames KeefeSchiffer Hicks JohnsonAndy HicksPerseverance MedGross HoldingRealty GrpDelaware Limited Liability CompanyCadira Group HoldingsKnights Genesis HealthcareDelaware Chancery CourtDelaware Limited Liability Company ActChancery CourtBeau GertzCarpenters Pension Plan
Caution: Court Finds Fiduciary Waivers Ineffective | Gray Reed - Vimarsana News

Caution: Court Finds Fiduciary Waivers Ineffective | Gray Reed

Published: January 6, 2022

In In re Cadira Group Holdings, LLC (2021 WL 2912479 (Del. Ch. July 12, 2021)), the Delaware Court of Chancery has again shown its inclination to treat an agreement that purports to...

Source: jdsupra.com
Related Topics:
United StatesGray ReedCadira GertzPerseverance MedDelaware CourtNeither The CompanyDelaware Limited Liability CompanyCadira Group HoldingsKnights Genesis HealthcareGroup HoldingsAfter Beau GertzOperating Agreement