DELAWARE SUPREME COURT DECISION ABOUT IMPLIED COVENANT

By , March 9, 2017 2:36 pm

The judicial doctrine called the implied contractual covenant of good faith and fair dealing looms over every multi-member LLC operating agreement.  Delaware has a far more extensive body of case law on the Implied Covenant than any other state, and this case law is likely to be persuasive in many other states. The link below discusses an important Delaware Supreme Court Implied Covenant case.

Here’s the link: https://delawarechancery.foxrothschild.com/mergers-and-acquisitions/delaware-supreme-court-addresses-the-implied-covenant-of-good-faith-and-fair-dealing/?utm_source=Fox+Rothschild+-+Delaware+Chancery+Law+Blog&utm_campaign=580be6649c-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_86821ff155-580be6649c-70733165

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