· 4/6/1999
Elf Atochem North America, Inc. v. Jaffari
Citations
- 727 A.2d 286
- 79 A.L.R. 5th 803
- 1999 Del. LEXIS 111
- 1999 WL 203756
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that an LLC agreement “is binding on the LLC as well as the members”
- holding that “in connection with” creates an obligation to submit claims related to the agreement to arbitration
- holding that an LLC agreement “is binding on the LLC as well as the members”
- holding that derivative claims by an LLC are subject to the forum selection clause in the LLC’s operating agreement even though the LLC did not sign the operating agreement
- holding that claims under a separate contract were all subsumed under the forum selection clause in the LLC Agreement, which broadly covered any claim “related to” the LLC Agreement
- explaining that the Delaware Court of Chancery does not have jurisdiction to award punitive damages
Source: CourtListener parenthetical corpus (CC0).
Judges: Veasey, Walsh, Berger
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.