Converting a corporation to an LLC can change critical protections for minority owners. Learn how a Delaware Court of Chancery case involving fiduciary duties, alleged self-dealing, and non-ratable benefits shows why owners and advisors should closely review governance, exculpation, and fiduciary-duty provisions before a corporate restructuring.
Read MoreA landmark Delaware M&A ruling shows the power of post-closing operational covenants. Learn how the Court of Chancery used mandatory injunctions, executive reinstatement, platform restoration, and earnout tolling to enforce bargained-for governance rights—and why buyers, founders, and deal counsel should pay close attention to operational control provisions in acquisition agreements.
Read More