Highlights & Analysis of Key Decisions from Delaware's Supreme Court & Court of Chancery
Showell v. Pusey, C.A. No. 3970-VCG (Del. Ch. Sept. 1, 2011).
Issue Addressed
This opinion interprets an LLC Agreement in order to determine what value, if any, a member is due for his interest in an accounting firm, formed as an LLC, in connection with his departure from the firm. The Court determined that …
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…