On January 29, 2024, in Cantor Fitzgerald, L.P. v. Ainslie, the Delaware Supreme Court reversed a Chancery Court holding that a forfeiture-for-competition provision in a limited partnership agreement ...

A limited partner invests money in a partnership but has restricted voting power on company business and no day-to-day involvement in the business.

Limited partnerships (LPs) are a specific type of business structure that consists of at least one general partner and one or more limited partners. The general partner typically assumes full ...

IRC section 721(a) says a partnership or any of its partners will not have to recognize gain or loss for contributing property to the entity in exchange for a partnership interest. Such a capital ...

LPs are entities or individuals who contribute capital to VC funds. In venture capital, limited partners or LPs are entities or individuals who contribute capital to VC funds. LPs invest in the fund’s ...

Opinions expressed by Entrepreneur contributors are their own. Partnerships in business are a dynamic and powerful way to propel a venture forward. They combine the strengths and resources of ...

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Stemming a tide of Delaware decisions closely scrutinizing and refusing to enforce non-compete agreements, Delaware’s Supreme Court held that forfeiture-for-competition provisions arising out of a ...