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Analysis & Insights

Considerations When Selecting Your Delaware Independent Manager

25 Feb 2021

The appointment of an independent manager to a Delaware LLC is designed to bring great comfort to lenders.  However, with no requirement to vote in the event of a bankruptcy, it is crucial that the independent manager is selected carefully.  They need to bring experience and knowledge, with a commitment to being responsive and serving the best interests of the vehicles to which they have been appointed to support.

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