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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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Directorship Services
As independent oversight requirements dominate the investment world, our directors bring unmatched technical expertise and an understanding of legal and compliance burdens to add value to the governance process.
Related Contacts
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Edward L. Truitt Jr.
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James Lawler
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