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Contribution to Book
A Business Review of the Delaware Series: Good Business for the Informed
What All Business Lawyers Must Know About Delaware Law Developments (2008)
  • Ann E. Conaway
Abstract

Delaware has long attempted to provide business structures that reflect the demands of the business community in an efficient and productive manner. One prime example of this demand/response is the "series" interest available in Delaware limited partnerships, LLCs, and statutory trusts. The series structure combines the flexibility that different types of businesses desire along with the statutory and contractual support that Delaware provides to all of its unincorporated business organizations. Other states have now emulated the Delaware series concept, although there is still considerable confusion as to how a series works. This piece provides an overview of some of the more significant provisions of the Delaware series law. The author concludes that the Delaware series provides a beneficial, efficient use of a combined contractual Delaware entity form with sensible, informed planning

Keywords
  • delaware series,
  • delaware,
  • corporation law,
  • business entities
Publication Date
2008
Publisher
Practising Law Institute
Series
Corporate Law and Practice Course Handbook Series
Citation Information
Ann E. Conaway. "A Business Review of the Delaware Series: Good Business for the Informed" What All Business Lawyers Must Know About Delaware Law Developments (2008)
Available at: http://works.bepress.com/ann_conaway/15/