Overview
Monica Ayres has 20 years of experience advising Fortune 500 companies, large investment firms, and other entities on matters of Delaware law.
Focusing on Delaware limited partnerships, general partnerships, and limited liability companies, Monica handles formation, operation, and governance matters, as well as analyzing fiduciary duty and contractual issues, regarding these alternative entities.
Monica provides advice and legal opinions in connection with a wide range of transactions involving Delaware limited liability companies and partnerships. She also advises on litigation concerning these matters. Monica’s expertise includes merger, conversion, and acquisition transactions as well as investment fund, structured finance, joint venture, strategic alliance, and financing transactions.
Active in the firm’s pro bono program, Monica provides support to nonprofit organizations needing board members or assistance with corporate governance matters.
PRACTICES
Limited Liability Company & Partnership Advisory
Structured Finance
Select Experience
- Represented a leading private equity firm in connection with the formation of a multibillion-dollar private investment fund
- Advised a Fortune 500 company in connection with an internal reorganization, including the merger, conversion, and dissolution of a number of subsidiaries
- Advised a Fortune 500 company in connection with issues arising from a joint venture limited liability company formed for the purpose of performing a multibillion-dollar contract
- College of William & Mary School of Law, J.D., 2000
College of William & Mary Law Review - University of Pennsylvania, B.A., 1994
Education
Publications
Recent Developments to Delaware LLC and LP Acts
The Abstract | Spring 2024
Delaware limited liability companies (“LLCs”) and Delaware limited partnerships (“LPs”) are increasingly common vehicles used in connection with a diverse range of business applications in the real estate world. Such broad range of applications is buttressed by the Delaware legislature’s emphasis on the primary of freedom of contract for LLCs and LPs and the resulting flexibility…
Insights | June 2021
Proposed legislation would amend the Delaware General Corporation Law, the Delaware Limited Liability Company Act, the Delaware Revised Uniform Limited Partnership Act and the Delaware Revised Uniform Partnership Act to clarify, among other things, the treatmentof capital stock owned by the corporation, provide a safe harbor procedure for the ratification of void and voidable acts and…
Proposed Amendments to Delaware’s LLC and Partnership Acts
Harvard Law School Forum on Corporate Governance and Financial Regulation | June 3, 2019
Legislation proposing to amend the Delaware Limited Liability Company Act (LLC Act), the Delaware Revised Uniform Limited Partnership Act (LP Act) and the Delaware Revised Uniform Partnership Act (GP Act) (collectively, the LLC and Partnership Acts) has been introduced to the Delaware General Assembly. The following is a brief summary of some of the more significant…
Proposed Amendments to Delaware’s LLC and LP Acts
Harvard Law School Forum on Corporate Governance and Financial Regulation | May 29, 2018
Legislation proposing to amend the Delaware Limited Liability Company Act (LLC Act) and the Delaware Revised Uniform Limited Partnership Act (LP Act) (jointly, the LLC and LP Acts) has been introduced to the Delaware General Assembly. The following is a brief summary of some of the more significant proposed amendments that affect Delaware limited liability companies…
2014 Amendments to Delaware’s Alternative Entities Legislation
Insights | August 2014
The following is a brief summary of some of the more significant amendments that affect Delaware limited liability companies, Delaware limited partnerships and Delaware general partnerships.
Pro Bono Activities
- Delaware Volunteer Legal Services
Bar Admissions
- Delaware, 2000