Legal Opinion

Continental Insurance v. Rutledge & Co.

Court of Chancery of Delaware

Decided January 10, 2000No. C.A. 15539PublishedCited by 142 opinions

1Opinion of the Court

OPINION

CHANDLER, Chancellor.

This case involves a dispute between a limited partner and the general partner of a Delaware limited partnership. The parties ask the Court to resolve the following two issues. One, does the limited partnership agreement permit limited partners to withdraw at will, or did the parties orally amend the agreement to suspend temporarily the limited partners’ withdrawal rights? Two, does the limited partnership agreement permit the general partner to receive fees directly from portfolio companies? These issues are before the Court on cross-motions for summary judgment.

I.…

2Cases cited23 opinions

  1. Guth v. Loft, Inc.Supreme Court of Delaware · 1939
  2. Merrill v. Crothall-American, Inc.Supreme Court of Delaware · 1992
  3. E.I. DuPont De Nemours & Co. v. PressmanSupreme Court of Delaware · 1996
  4. Hallowell v. State Farm Mutual Automobile InsuranceSupreme Court of Delaware · 1982
  5. Gilbert v. El Paso Co.Supreme Court of Delaware · 1990

18 more not listed; retrieve them via the Exa API.

3Cited by142 opinions

  1. Nemec v. ShraderSupreme Court of Delaware · 2010
  2. Fleur Bresler v. Wilmington Trust CompanyCourt of Appeals for the Fourth Circuit · 2017
  3. Life Plans Incorporated v. Security Life of Denver InsuraCourt of Appeals for the Seventh Circuit · 2015
  4. Eagle Force Holdings, LLC v. CampbellSupreme Court of Delaware · 2018
  5. Dieckman v. Regency GP LP, Regency GP LLCSupreme Court of Delaware · 2017

137 more not listed; retrieve them via the Exa API.

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