We work on transactions involving Delaware LLCs and partnerships and regularly provide advice to businesses and law firms with respect to these entities. This advice can include matters relating to formation, governance, mergers, acquisitions, conversions, series, fiduciary duties, restructurings, dissolution and liquidation. Our lawyers are also experienced in providing advice regarding the fiduciary duties of members, managers, partners and officers of Delaware LLCs and partnerships.
Delaware’s statutes governing Delaware LLCs and partnerships are favorably viewed throughout the world because of their flexibility and liability protection. Delaware is committed to updating these statutes to meet the ever-changing needs of business organizations and routinely amends these statutes to meet these needs.