Delaware Certificate of Merger of a Foreign Limited Partnership into a Delaware General Partnership

State:
Multi-State
Control #:
US-P1205-6AM
Format:
Word; 
Rich Text
Instant download

Description

This form is a model adaptable for use in partnership matters. Adapt the form to your specific needs and fill in the information. Don't reinvent the wheel, save time and money.

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FAQ

A certificate of limited partnership must be signed by all the general partners and state their names and addresses. A partnership agreement is not required to be publicly filed or recorded, and the names of the limited partners are not required to be set forth in the certificate of limited partnership.

A partnership agreement or an agreement of merger or consolidation or a plan of merger may provide that contractual appraisal rights with respect to a partnership interest or another interest in a limited partnership shall be available for any class or group or series of partners or partnership interests in connection ...

In general, appraisal rights (a/k/a dissenters' rights) under the DGCL grant a stockholder the right to an appraisal by the Delaware Court of Chancery of the fair value of the stockholder's shares of stock upon the occurrence of a merger or other similar transaction, subject to certain provisions.

A Delaware LLC merger happens when business agreements combine multiple entities into one sole entity. The LLC series isn't considered a separate entity ing to Delaware state laws.

The effective date of the merger; which must include the month, day and year. The date must be listed as either the date the document is received by the Division or a future date that is within 90 days of the file date.

Delaware law provides that the affirmative vote of a majority of the outstanding shares of common stock is generally required to merge with a Delaware company (DGCL, § 251).

A person who is the owner of 20% or more of the outstanding voting stock of any corporation, partnership, unincorporated association or other entity shall be presumed to have control of such entity, in the absence of proof by a preponderance of the evidence to the contrary; Notwithstanding the foregoing, a presumption ...

Short Form Merger in a Legal Context allows bidders of targets incorporated in Delaware to conduct a short-form merger after achieving only 50% ownership as opposed to 90% that is required in almost all other states.

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Delaware Certificate of Merger of a Foreign Limited Partnership into a Delaware General Partnership