In the article, the authors discuss discuss the Delaware Supreme Court’s decision in Cantor Fitzgerald LP v. Ainslie, which confirmed that absent extraordinary circumstances, Delaware courts will hold parties to the terms of a partnership agreement.
“With the Supreme Court holding that the common law’s disfavor of forfeitures does not extend to limited partnership agreements and that forfeitures in limited partnership agreements should enjoy the Court’s deference on equal footing with any other bargained-for-term in a limited partnership agreement, Delaware partnership law provides a powerful tool to create financial disincentive that discourages competition by former partners,” the authors conclude.
Foley & Lardner LLP of counsel Eli Mazour is featured in the Above the Law article, "3 More Questions For A Patent Podcast Pro (Part 1)," for his intellectual property podcast Clause 8.
13 September 2024 In the NewsFoley & Lardner LLP partner André Thiollier shared insight on startups negotiating power in the current M&A environment in the Pitchbook article, "Outside the AI boom, it’s a buyer’s market for cash-strapped startups."
12 September 2024 In the NewsFoley & Lardner LLP partner Jeffrey Kopp discussed potential blind spots for employers when addressing discrimination claims in the Corporate Counsel article, “EEOC Suit Against United Highlights Need for Speed in Probing Discrimination Claims.”
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