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