Benyamin S Ross

July 29, 2020 | Delaware Business Court Insider

In the context of limited liability companies, a right of first refusal (ROFR) limits the ability of an equityholder to transfer equity to a third party without first offering other existing equityholders a right to match the third party's offer.

By Benyamin S. Ross, Mark H. Mixon Jr. and Reginald J. Glosson

7 minute read

August 16, 2017 | Delaware Business Court Insider

When is an extended family a control block? The Delaware Court of Chancery acknowledged that while familial relations among a group of stockholders are not per se sufficient to establish a controlling stockholder block, a family that regularly refers to itself as a single unit may constitute a controlling stockholder block.

By Benyamin S. Ross and Taylor Hathaway-Zepeda

6 minute read

January 18, 2017 | Delaware Business Court Insider

The Delaware Supreme Court has reaffirmed the continued applicability of Tooley v. Donaldson, Lufkin & Jenrette, in determining whether a claim is direct or derivative in nature, even when the claim involves a breach of contractual duty owed to a limited partnership.

By Benyamin S. Ross, Jefferson E. Bell and Lauren Kole

16 minute read