State Attorney General Matt Denn has petitioned the Court of Chancery to shut down four Delaware limited liability companies linked to classified advertising website Backpage.com, saying the entities had been used to operate a sex trafficking conspiracy.

The complaint, filed Nov. 19, asked the court to cancel the companies’ certificates of formation using a new provision of Delaware’s Limited Liability Company Act, which allows the attorney general to seek the dissolution of LLCs that abuse their “powers, privileges or existence” under state law.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]