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Alternative Entities

As more individuals and businesses choose to organize as unincorporated entities such as limited liability companies, limited partnerships or statutory trusts, we have seen a greater increase in disputes involving these entities. These cases are often litigated in the Delaware Court of Chancery. Our attorneys are experienced in representing the entities, as well as their owners and managers, in disputes ranging from the propriety under a limited partnership agreement of self-dealing transactions to the duties of members and managers of limited liability companies to the rights of unit holders of a statutory trust. Two of our partners serve on the Drafting Committee of the Delaware State Bar Association responsible for recommending legislation to the Delaware General Assembly concerning alternative business entities, thus enabling our attorneys to remain cutting edge.

Recent Litigation

Successful recovery of multi-million dollar judgment in limited partnership case

Dissolution of limited partnerships used as holding companies

Defense of a manager of a limited liability company on breach of duty claims

Prosecution of claim that member and former manager wrongfully competed against limited liability company

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