James Fee

Cadwalader, Wickersham & Taft LLP

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Delaware Chancery Court Orders Venture Capital Firm To Increase Terminated LLC Member’s Payout In Post-Trial Opinion

On August 13, 2018, Vice Chancellor Travis Laster of the Delaware Court of Chancery ordered Domain Associates, LLC (“Plaintiffs,” “Domain,” or the “Firm”), a venture capital firm, to pay its former member, Nimesh Shah...more

8/28/2018  /  Breach of Contract , Business Litigation , Fair Value Standard , Joint and Several Liability , Limited Liability Company (LLC) , Membership Interest , Operating Agreements , Post-Trial Order , Venture Capital , Withdrawal Agreement

M&A Update: The Importance of a High-Quality Sales Process in Determining the Outcome of an Appraisal Proceeding

Two recent decisions by the Delaware Court of Chancery underscore that the outcome of an appraisal proceeding often will turn on the quality of a company’s sale process. ...more

8/9/2018  /  Appraisal , Business Valuations , Fair Value Standard , Selling a Business
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