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Delaware Today Names Eleven Bayard Attorneys to 2019 Top Lawyers List

Wilmington, Delaware (October 22, 2019)- Bayard, PA is pleased to announce that eleven attorneys from the firm were selected by their peers as Delaware Today...

Delaware Supreme Court Precludes Fraudulent Inducement of LLC Agreement and Employment Agreement as Defense in Advancement Proceeding

By Jason Jowers Recognizing that Delaware LLCs should have the ability to encourage capable individuals to serve in management positions, the LLC Act provides that...

Be Careful What You Ask For: Court of Chancery Finds Corporate Law Governs LLC Based on Drafting of LLC Agreement

By Jason Jowers It is the policy of the Delaware Limited Li­ability Company Act (LLC Act) “to give the maximum effect to the principle of...

When Deciding Whether to Judicially Dissolve an LLC, the Court May Find the “Purpose” of the LLC to Be Different Than What Is Stated in the LLC Agreement

By Jason Jowers Although it occurs less often than dissolutions based on deadlock, the Delaware Court of Chancery may also dissolve an LLC “where the...

The Increasing Role of Equity in Delaware LLC Litigation

Co-authored by Jason Jowers This article examines the increasing role of equity in LLC litigation, particularly in cases involving breach of fiduciary duties and requests...

Failure to Make Capital Contribution Does Not Necessarily Result in Reduction of Interest in LLC or LP

By Jason Jowers This article addresses the appropriate remedy for the failure of a member of an LLC or partner of an LP to make...

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