Cantor Fitzgerald, LP v. Ainslie
Published on:
July 5, 2023
Committee:
Court:
Delaware Supreme Court
Amicus Issue:
Whether conditions imposed on post-withdrawal payments that a limited partner has accepted in exchange for the benefits of partnership, which do not prohibit the limited partner from competing, but which require the partner to forgo payments if they accept employment from a competitor, are enforceable under Delaware law.
Counsel of Record:
Duane Morris LLP
Robert M. Palumbos
Ryan F. Monahan
Richard L. Renck
Other Amici:
U.S. Chamber of Commerce
Managed Funds Assoc.
Delaware Chamber of Commerce