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Corporate & Securities Law

: Business Law Prof Blog

Freedom of Contract in Delaware LLCs: Use It or Lose It

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As Francis Pileggi and Larry Ribstein have already more than amply explained, the Delaware Court of Chancery has determined that creditors of an insolvent LLC do not have standing to pursue a derivative claim against the LLC. CML V, LLC...

Full post as published by Business Law Prof Blog on November 08, 2010 (boomark / email).

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