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15Jul

Court Examines Complexities of ROFR Right

In HUMC Holdco, LLC et al v. MPT of Hoboken TRS, LLC et al, the Delaware Court of Chancery examined numerous complexities attendant to an alleged violation of a right of first refusal in an LLC Agreement in connection with a motion for judgment on the pleadings.  Among other things, Hoboken HUMC sued Hoboken MPT for breach of the right of first refusal in Hoboken Opco’s LLC Agreement....
By: Stinson - Corporate & Securities Law Blog
Source Url: https://www.jdsupra.com/legalnews/court-examines-complexities-of-rofr-48897/

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