Delaware Court of Chancery says creditors of insolvent LLCs may not sue management

Date

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Location
USA
Firm
Troutman Pepper
Tags
USA
Delaware
Company & Commercial
Insolvency & Restructuring
Litigation
Troutman Pepper
Shareholder
Breach of contract
Fiduciary
Board of directors
Limited liability company
Standing (law)
Stakeholder (corporate)
Default (finance)
Delaware General Corporation Law
Delaware Court of Chancery
Court of equity