Posts for "Equity / Chancery" filter

Post date: Posted on: September 11, 2014

Consider the persimmon. No wild fruits are so sweet and delectable as ripe persimmons after the first fall freeze, if you can beat the birds to them. But a green persimmon is not just less tasty; it is inedible. Not even a ‘possum will eat a green persimmon.

Tags: Civil Litigation / Civil Procedure, Commercial Litigation, Courts, Equity / Chancery
Post date: Posted on: September 10, 2014

In Ross Holding and Management Co. v. Advance Realty Group LLC,[1] the Delaware Court of Chancery has held again that traditional corporate fiduciary duties of care and loyalty apply to the members and managers of limited liability companies.  The Court wrote:

Tags: Alternative Business Entities, Comparative Law, Corporations, Equity / Chancery, Fiduciary Duties, Limited Liability Companies, Partnerships
Post date: Posted on: August 28, 2014

Some types of business entities (most famously, corporations) offer limited liability to their managers, owners, and officers. That is, under most circumstances such parties will have no personal liability for debts incurred (through tort or contract) by the business entity.

Tags: Alternative Business Entities, Bankruptcy, Civil Litigation / Civil Procedure, Commercial Litigation, Contracts, Corporations, Courts, Creditor / Debtor Law, Equity / Chancery, Limited Liability Companies, Partnerships, Real Estate / Real Property, Torts
Post date: Posted on: June 27, 2014

LLC Law Monitor reports on two recent decisions (one in Montana, and the other in Louisiana) dealing with personal liability of the manager of an LLC:

Tags: Agency, Alternative Business Entities, Comparative Law, Contracts, Equity / Chancery, Limited Liability Companies, Torts
Post date: Posted on: June 22, 2014

In the latest issue of NH Bar News, attorney Lisa Thompson summarizes four recent US Supreme Court decisions involving intellectual property litigation issues—awards of attorneys' fees in paten

Tags: Civil Litigation / Civil Procedure, Equity / Chancery, Intellectual Property
Post date: Posted on: June 20, 2014

At the Delaware Corporate and Commercial Litigation Blog, Francis Pileggi analyzes the Delaware Court of Chancery’s opinion in In re: El Paso Pipeline Partners, L.P. Derivative Litigation.[1]

Tags: Alternative Business Entities, Commercial Litigation, Commercial Transactions, Contracts, Corporations, Courts, Equity / Chancery, Fiduciary Duties, Legal Theory, Limited Liability Companies, Partnerships

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