Commercial Transactions SHAPING KEY STATUTES

Richards Layton has been instrumental in shaping Delaware’s flexible statutory framework that allows investors, entrepreneurs, and managers to fashion their business organizations in the most efficient configuration. That insider’s perspective is fundamental to our effectiveness at helping our clients, including major national and international businesses, structure and implement their commercial transactions.

Authoritative Opinions and Closing Opinions

We have drafted or helped shape key business statutes, and litigated many of the key cases interpreting these statutes. That gives us unique institutional knowledge and insights that we use to our clients’ advantage, enabling them to complete transactions successfully.

Delaware UCC and Contract Insight; UCC Opinions

Directors of our firm are the current or past chairs of the Delaware State Bar Association’s UCC Committee and the Commercial Law Section. We have been instrumental in the drafting of Delaware’s version of Revised Article 9 of the UCC, which deals with the perfection and enforcement of security interests. Delaware’s role as a primary jurisdiction of organization for business entities gives great weight to the state’s UCC provisions, and clients rely on our UCC opinions in hundreds of complex transactions every year.