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18 results found

Article

Shearman & Sterling LLP | USA | 24 Oct 2018

A Comparison of Divisive Merger Statutes in Delaware and Texas

Effective August 1, 2018, the Delaware Limited Liability Company Act (DLLCA) was amended to include a new divisive merger statute. Unlike a

Article

Shearman & Sterling LLP | USA | 17 Jun 2016

Delaware Bankruptcy Court Invalidates on Public Policy Grounds a “Golden Share” Provision in LLC Agreement Designed to Limit LLC’s Ability to File for Bankruptcy

In a June 3, 2016 decision, the United States Bankruptcy Court for the District of Delaware ("the Bankruptcy Court") invalidated, on federal public

Article

Shearman & Sterling LLP | USA, United Kingdom | 6 Jul 2015

Is it all now transparent? UK Supreme Court case on Delaware LLCs leaves open questions on entity classification for UK tax purposes

The UK Supreme Court delivered an unexpected final judgment on 1 July 2015 in the long-running case of Anson v Commissioners for Her Majesty's Revenue

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