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.
Edward L. Truitt Jr.
Regional Head of Fiduciary - Delaware Delaware
T: +1 302 338 9129
Senior Vice President Delaware
T: +1 302 340 9985