About This Blog

Summaries and analysis of recent Delaware court decisions concerning business-related litigation.

Morris James Blogs

Links

Court Of Chancery Explains What Are Direct Claims For An LP

Posted In LP Agreements

Sehoy Energy LP v. Haven Real Estate Group LLC, C.A. 12387-VCG (April 17, 2017)

It matters whether a claim may be characterized as a direct claim belonging to the owners of an entity or as a derivative claim that may only be brought in the name of the entity. This decision explains which is which in the context of a limited partnership.