Business Law Today: December 2014

Delaware Insider: Failure to Make Capital Contribution Does Not Necessarily Result in Reduction of Interest in LLC or LP

Jason Jowers

LLC members and LP partners are often called upon to contribute capital. If a member or partner fails to contribute capital, however, their ownership may not be reduced unless the agreement specifica…

Dec 17, 2014 10 min read

Whose Policy Is It, Anyway? A Debtor's Insurance Policies and Rights to Policy Proceeds

Leslie A Davis

Insurance can be an important asset for a debtor and its creditors, and the issue of whether policy proceeds are property of the estate may be critical to certain creditors' recovery as well as to th…

Dec 17, 2014 9 min read