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.

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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.

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Answered on 9/14/07, 4:13 pm

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