Legal Opinion

Culverhouse v. Paulson & Co., Inc.

Supreme Court of Delaware

Decided January 26, 2016No. 349, 2015PublishedCited by 12 opinions

1Opinion of the Court

SEITZ, Justice:

The United States Court of Appeals for the Eleventh Circuit has certified the following question of law arising out of an appeal from a decision by the United States District Court for the Southern District of Florida:

Does the diminution in the value of a limited liability company, which serves as a feeder fund in a limited partnership, provide a basis for an investor’s direct suit against the general partners when the company and the partnership allocate losses to investors’ individual capital accounts and do not issue trans-ferrable shares and losses are shared by investors…

2Cases cited11 opinions

  1. Tooley v. Donaldson, Lufkin, & Jenrette, Inc.Supreme Court of Delaware · 2004
  2. Gotham Partners, L.P. v. Hallwood Realty Partners, L.P.Supreme Court of Delaware · 2002
  3. Elf Atochem North America, Inc. v. JaffariSupreme Court of Delaware · 1999
  4. Anglo American Security Fund, L.P. v. S.R. Global International Fund, L.P.Court of Chancery of Delaware · 2003
  5. Litman v. Prudential-Bache Properties, Inc.Court of Chancery of Delaware · 1992

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

3Cited by12 opinions

  1. El Paso Pipeline GP Company, LLC v. BrinckerhoffSupreme Court of Delaware · 2016
  2. Hugh F. Culverhouse v. Paulson & Co. Inc.Court of Appeals for the Eleventh Circuit · 2016
  3. Citigroup Inc. v. AHW Investment Partnership, MFS, Inc.Supreme Court of Delaware · 2016
  4. Official Comm. Unsecured Creditors of HH Liquidation, LLC v. Comvest Grp. Holdings, LLC (In re HH Liquidation, LLC)United States Bankruptcy Court, D. Delaware · 2018
  5. Stephanie Keller v. Estate of Edward Stephen McRedmondTennessee Supreme Court · 2016

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

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