In my most recent article for the publication of the National Association of Corporate Directors called Directorship, I provide an overview of a recent decision of the Delaware Court of Chancery that upheld the waiver of fiduciary duties for managers of a limited partnership. The name of the case is Employees Retirement System of the City of St. Louis v. TC Pipelines GP, Inc., decided in May 2016. This is a hot topic in corporate and commercial litigation.