The Delaware Court of Chancery, in 360 Campaign Consulting, LLC v. Diversity Communication, LLC, et al. and The Outreach Team, LLC, C.A. No. 2019-0807-MTZ, memo. op. (Del. Ch. Mar. 20, 2020), found defendant, a former LLC member, could invoke an LLC Agreement’s arbitration clause after plaintiff filed suit against it, despite having resigned from the LLC.
NEW: Morris James discusses the decision in Chancery Enforces LLC Agreement Arbitration Clause and Finds that Member’s Resignation Did Not Prevent Enforcement.
K&L Gates discusses the decision in Delaware Court of Chancery Applies Narrow Arbitration Provision in Member Dispute; Stays Claims Pending Arbitration.
$$$ Law360 discusses the decision in Chancery Nixes Arbitration For Most Of Fundraising LLC Row.
$$$ Bloomberg Law discusses the decision in Dispute Over Interests in Joint Company Proceeds Partly in Court.