Legal Question in Business Law in Delaware

LLC Waiver and Indemnification

I am a 1/3 member of a Delaware LLC. The other members have agreed to sign a document that both indemnifies them from any future liability associated with the LLC, AND also for my benefit, ensures that they are not entitled to any past, present, or future claims on the LLC.

Which form should I use that captures both liability indemnification and a waiver (release) of any future claims that either party may have?


Asked on 9/14/07, 12:41 pm

2 Answers from Attorneys
Robert Davies The Davies Law Firm, P.A.

Re: LLC Waiver and Indemnification

You really need a lawyer to advise you on this. Find an attorney who advises businesses who is not too far from your location.

Please call my office if I can assist you. You can then decide how you would like to proceed.

My contact information can be obtained from the links below, just click on the Attorney Profile link. Let my secretary know you found me through LawGuru.

Disclaimer: Your question and any response does NOT create an attorney-client relationship between you and this law firm. You can not rely on the statements made by an attorney given over the internet. The exact facts of your situation, including facts which you have not mentioned in your question, may completely change the result for your situation.

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Answered on 9/14/07, 4:13 pm
Daniel Cevallos Cevallos & Wong, LLP

Re: LLC Waiver and Indemnification

We can help you prepare a specific form that will be good for your company. Feel free to call our offices or e-mail us directly.

[email protected]

-Danny Cevallos, Esquire

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Answered on 9/14/07, 1:44 pm


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