Operating Agreement
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Welcome to the 'Operating Agreement' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'Operating Agreement'.
Latest blogosphere posts tagged “Operating Agreement”
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Two-Member LLC Operating Agreement Contains Recipe for Dissension and Litigation
New York Business Divorce —
Authority: 411
Last month, in Lola Cars International, Ltd. v. Krohn Racing, LLC , No. 4479-VCN (Del. Ch. Nov. 12, 2009) , Vice Chancellor John W. Noble of the Delaware Court of Chancery issued a 31-page letter opinion addressing a number of important issues, including the adequacy of a deadlock dissolution claim, in a ...1 week ago -
Delaware Supreme Court Upholds Application of Statute of Frauds to Oral LLC Operating Agreements
New York Business Divorce —
Authority: 411
Around a year ago I wrote about Delaware Chancery Courts ruling in Olson v. Halvorsen, in which it held that the statute of frauds applies to oral LLC operating agreements. I pointed out that Delawares LLC law expressly permits oral operating agreements, whereas New Yorks LLC law defines the operating ...1 week ago -
Beware Unreasonable Restraints on Alienation When Drafting Shareholder and Operating Agreements
New York Business Divorce —
Authority: 411
UPCOMING CLE PROGRAM ON LIMITED LIABILITY COMPANIES On Tuesday, December 1, 2009, Ill be speaking at a CLE program in Manhattan sponsored by the New York State Bar Association called "Dealing with LLC Formation and Operating Issues." My topic will be use of operating agreement provisions to limit ...5 weeks ago
