LLC-RELATED DEALS INVOLVING MULTIPLE LEGAL DOCUMENTS

By , December 9, 2016 4:57 pm

LLC formations often involve multiple documents, especially if these formations involve passive investments that require federal securities compliance documents or if they involve holding company/operating company structures.  The November 14, 2016 decision of the Delaware Supreme Court  under the link below addresses, among other issues, how to determine the relative rank of multiple interrelated LLC documents in a single, complex deal extending over a significant period of time.

Here’s the link:

https://gallery.mailchimp.com/27d7d107b7ca58cf04799f740/files/Finger_Lakes_Capital_Partners_LLC_v._Honeoye_Lake_Acquisition_LLC.pdf

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