Corporate Litigation and Counseling

Alternative Entities Governance and Disputes

Delaware alternative entities are frequently used in complex business transactions due to the flexibility they provide. 

Young Conaway attorneys have extensive experience litigating and advising on a broad range of issues involving alternative entities, including master limited partnerships, breaches of alternative entity agreements, fiduciary duties in the alternative entity context, dissolution and winding up, and contests for control.

The Firm also advises as to risk exposure arising concerning the management of alternative entities, potential conflicts of interests, and fundamental transactions involving alternative entities including mergers, conversions.

Young Conaway attorneys serve on the Delaware State Bar Association committee responsible for monitoring and recommending legislative amendments to alternative entity statutes, and hold leadership roles in the American Bar Association’s committees on these topics, including the Limited Partnerships and Unincorporated Entities Litigation Subcommittee of the Business Law Section, the Uniform Law Commission’s Drafting Committee on Series of Unincorporated Business Entities, and the American Bar Association’s Business Law Section.