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Delaware Corporate & Commercial Litigation Blog

Highlights & Analysis of Key Decisions from Delaware's Supreme Court & Court of Chancery

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Chancery Sorts out Imbroglio Due in Part to Lack of LLC Operating Agreement

By Francis Pileggi on September 27, 2011
Posted in Chancery Court Updates

Phillips v. Hove, C.A. No. 3644-VCL (Del. Ch. Sept. 22, 2011). Read opinion here.

Issues Addressed

This 52-page post-trial opinion addressed a score of issues related to the fiduciary duties owed by member-managers and the dissolution of an LLC based on a deadlock.  The opinion also determined the voting membership of an LLC…

Chancery Appoints Receiver Pursuant to § 17-805 to Oversee Winding-up of Dissolved LP

By Francis Pileggi on April 12, 2011
Posted in Chancery Court Updates

Techmer Accel Holdings, LLC v. Amer, C.A. No. 4905-VCN (Del. Ch. Dec. 29, 2010), read opinion here.

Issues Addressed

This 36-page opinion from the Delaware Court of Chancery involved the appointment of a receiver pursuant to Section 17-805 of the Delaware Limited Partnership Act in order to oversee the winding up of the limited…

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About Francis

Francis practices primarily in the areas of corporate and commercial litigation. His practice includes representation in high-stakes disputes for a wide range of clients in many industries
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Resources

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  • Francis Pileggi’s Book on Legal Ethics
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Francis G.X. Pileggi

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