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Delaware Supreme Court Upholds Forfeiture-for-Competition Provision In Limited Partnership Agreement - Contracts and Commercial Law

On January 29, 2024, in Cantor Fitzgerald, L.P. v. Ainslie, the Delaware Supreme Court reversed a Chancery Court holding that a forfeiture-for-competition provision in a limited partnership.

United statesUs courtSupreme courtPartnership actDelaware supreme courtDelaware limited liabilityDelaware revised uniformChancery courtCantor fitzgeraldDelaware revised uniform limitedConditioned amountsSeventh circuitCompany actDelaware supreme court upholds forfeiture for competition provision in limited partnership agreementAntitrust competition lawU competition

Delaware Supreme Court Curbs Erosion Of Forfeiture-For-Competition Protections - Antitrust, EU Competition

Delaware has long been favored by businesses for many reasons, including its courts' deference to parties' ability to contract.

United statesCantor fitzgeraldDelaware revised uniformDelaware chancery courtSupreme courtChancery courtDelaware revised uniform limitedOrfeiture for competitionAntitrust competition lawU competition

Amendments To Delaware Alternative Entity Statutes Add

Amendments To Delaware Alternative Entity Statutes Add
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United statesDelaware limited liability companySenate bill noPartnership actCorporation lawDelaware revised uniformEffective augustDelaware revised uniform limitedDelaware revisedUniform partnership actSenate billDelaware general corporation lawDelaware supremeஒன்றுபட்டது மாநிலங்களில்டெலாவேர் வரையறுக்கப்பட்டவை பொறுப்பு நிறுவனம்செனட் ர சி து இல்லை

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