This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.

| less than a minute read

Court Of Chancery Enforces Indemnification Rights Under LLC Agreement

Costantini v. Swiss Farm Story Acquisition LLC, C.A. 8613-VCG (September 5, 2013)

This decision holds that language in an LLC agreement that mirrors the indemnification language of the Delaware Corporation law will be interpreted the same way to mandate indemnification to a prevailing manager.

Tags

blog, complex commercial litigation, corporate counseling & litigation