2017 PROPOSED AMENDMENTS TO DELAWARE’S LLC AND PARTNERSHIP ACTS

By , June 15, 2017 2:39 pm

The Delaware Limited Liability Company Act is the most prestigious U.S. LLC act, many sophisticated investors and lenders will deal only with Delaware LLCs, and when two or more LLC founders from non-Delaware states disagree about whose LLC act will govern, they often choose the Delaware Act.  Sophisticated LLC lawyers should have a detailed understanding of the Delaware Act.

The Delaware bar updates the Delaware Act every year to keep it current.  However, as shown in the link below, the updates this year will be quite minor.

http://richardslaytonnews.com/rv/ff00313a50ec119fa779ccd23e4591a53369b557

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