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New Guidance for Drafting and Negotiating the Standard of Care in LLC Agreements
Practical Law Article 5-531-8166 (Approx. 10 pages)
New Guidance for Drafting and Negotiating the Standard of Care in LLC Agreements
by Practical Law Corporate & Securities
| Published on 13 Jun 2013 • Delaware |
This Article describes the provisions that impact the interpretation of the standard of care in LLC agreements in light of the recent guidance from the Delaware Supreme Court in the Gerber, K-Sea, SIGA and Brinckerhoff decisions.