Delaware Alternative Entity Disputes Attorneys and Lawyers in DE

We handle the array of disputes arising out of these substantially bespoke business relationships. Our attorneys are experienced in representing the entities, as well as their owners and managers, in disputes ranging from the fiduciary and contractual duties of managing members and managers of LLCs and partners of LPs to the statutory (and sometimes contractual) rights of members to inspect the books and records of the company.

Our attorneys understand the unique nature of alternative entity litigation. The cases often involve not only contract interpretation but also equitable aspects of, and policies underlying, Delaware corporate law. We leverage our ample experience in each of these areas to advise the client and achieve the client’s objectives.

Our Alternative Entity Disputes Team

Morris James’ Alternative Entity Disputes team is among the most well-respected in Delaware. Morris James attorneys serve on the drafting committee of the Delaware State Bar Association responsible for proposing revisions to the Delaware Limited Liability Company Act, Delaware Revised Uniform Limited Partnership Act, and the Revised Uniform Partnership Act. Our attorneys include the current and former chairs of the ABA’s Partnerships and Alternative Entities Subcommittee of the Business and Corporate Litigation Committee (Business Law Section). The members of our team regularly publish in national publications on LLC and LP litigation. Additionally, our attorneys are recognized by Chambers USA and Best Lawyers for their business litigation skills. Our Delaware Alternative Entity Disputes team includes a former Vice Chancellor of the Court of Chancery.

Team Leaders

Albert H. Manwaring IV

Partner

Albert J. Carroll

Partner

Representative Experience

Obtained more than $10 million judgment in AAA arbitration on behalf of member and limited partner for breach of LLC and LP agreements

Obtained a more than $40 million judgment in JAMS arbitration on behalf of limited partner for breach of the LLP agreement

Represented LLC members of publication business in an action against the manager, majority member, and LLC for breaches of multiple terms of LLC agreement governing IP, loans, etc.

Represented LLC manager in defending fiduciary duty claims and alleged breaches of LLC Agreement

Represented limited partner in AAA arbitration to obtain approximately $50 million in withheld distributions

Represented member in seeking books and records of LLC operating as an exchange traded fund or ETF

Represented member of LLC seeking dissolution of entity due to deadlock

Represented member of LLC seeking dissolution of entity and in asserting claims of breach of fiduciary duty against other member for disloyal conduct

Represented former manager of LLC seeking advancement from entity of fees and expenses incurred in defending claims brought by entity

Represented former limited partner seeking advancement from entity of fees and expenses incurred in defending against third party claims and criminal proceedings

Represented limited partnership as nominal defendant in derivative action

Represented general partner and management members of general partner in defense of claims of breach of LP agreement and breach of fiduciary duty

Connect with the Corporate, Alternative Entity & Fiduciary Litigation Group at Morris James

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