Knowledge Center

Saturday, December 01, 2012

Understanding Fiduciary Obligations Applicable To Delaware Limited Liability Companies

Berk, Keith H. and George J. Spathis. "Understanding Fiduciary Obligations Applicable To Delaware Limited Liability Companies." The Practical Lawyer. The American Law Institute. December 2012.

>Delaware's corporate-friendly laws have long made the state one of the most popular choices for the formation of all types of business entities, based upon a steadfast adherence to a market-based philosophy that generally promotes the negotiated will of seemingly sophisticated business-people, over the impulse to impose paternalistic regulation.

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