Reginald J Glosson

Reginald J Glosson

July 29, 2020 | Delaware Business Court Insider

Court of Chancery Considers Bundled Assets and Rights of First Refusal

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