Selling to an LLC?

Late last fall, the Delaware Court of Chancery issued a decision that surprised many business law observers and practitioners.

14 minute read October 20, 2011 at 04:52 PM

Alisa E. Moen

Late last fall, the Delaware Court of Chancery issued a decision that surprised many business law observers and practitioners. The Chancery Court dismissed creditors' derivative claims brought against the board of directors of a failed and insolvent limited liability company.

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