July 29, 2020 | Delaware Business Court Insider
Court of Chancery Considers Bundled Assets and Rights of First RefusalIn 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
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