Case Law Summaries

Delaware – Chancery Court Jurisdiction

DelawareSun Life Assurance Co. v. Group One Thousand One, LLC, C.A. No. N18C-070173, decided March 29, 2019. The Delaware Superior Court ruled that because the parties’ stock purchase agreement was not expressly contemplated by the LLC Act, the Delaware Chancery Court does not have subject matter jurisdiction over the dispute over the agreement under Sec. 18-111 of the LLC Act.

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