In this prior post, we discussed the “not reasonable practicable to carry on the business” standard for the involuntary dissolution of a Delaware alternative entity, such as LLCs, LPs
Continue Reading Involuntary Dissolution of Delaware Alternative Entities: The “Not Reasonably Practicable to Carry on the Business” Standard (Part II)

In the prior post, a discussion was provided regarding the limitation of liability of directors of a dissolved corporation following either the “elective” or “default” dissolution procedures.  This article
Continue Reading “Elective” vs. “Default” Dissolution Procedures of Delaware Corporations: Potential Extent of Director Liability (Part II)