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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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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.
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