Corporate
Apr. 20, 2016
Disclosure obligations in absence of fiduciary duties
A Delaware court recently considered disclosure obligations of the general partner of a limited partnership where the limited partnership agreement eliminated the fiduciary duties of the general partner.
Marc Boiron
Associate
Rutan & Tucker LLP
Email: mboiron@rutan.com
Marc focuses his practice on transactional matters involving emerging and mid-market companies in the areas of California and Delaware corporate laws.
TRANSACTIONS WITH BOIRON
In Dieckman v. Regency GP LP, the Delaware Court of Chancery considered disclosure obligations of the general partner of a limited partnership where the limited partnership agreement eliminated the fiduciary duties of the general partner. The court concluded that the general partner had no obligation to disclose even material information to unitholders because the common law duty of disclosure was eliminated i...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In