The mission of the LLC, Partnership and Unincorporated Entities Committee is to be the principal Business Law Section committee dealing with unincorporated business organizations. Through its activities, the Committee strives to afford its membership practical information on unincorporated business entities from both the narrow and the broad perspective. Narrowly, we spend significant time analyzing and comparing various forms of business entity laws, including being the author of the Revised Prototype LLC Act, and being active in the drafting of various unincorporated business entity uniform acts. We also support our membership through the drafting and release of numerous annotated transaction documents. Broadly, the Committee devotes its energies considering the interrelationship of unincorporated business entity law with numerous other areas of law in which there is interface including bankruptcy, federal and state tax, litigation, and the application of the Uniform Commercial Code.

Committee Facts

• Approximately 1,500 members
• The Committee meets twice annually, once at the Business Law Section Spring Meeting and once at a stand-alone LLC Institute. In between, various subcommittees meet by telephone. We also conduct regular webinars regarding hot topics
• In addition to our practitioner participation, we benefit from significant participation from most of the leading academic scholars in the field
• Active participation in Committee activities and in leadership opportunities is available to all, and we actively liaise with the Young Lawyers Committee and participate in the annual Young Lawyers Institute
• We maintain a Committee Resource Library on our website for the benefit of our members with many of the leading articles in our area. The articles are organized by topic
• We regularly publish the LLC & Partnership Newsletter

Areas of Expertise

• Limited liability companies
• Partnerships including limited liability partnerships
• Limited partnerships including limited liability limited partnerships
• Business/statutory trusts
• Proper drafting of LLC agreements, partnership agreements, transaction agreements and other related agreements to achieve desired organizational and tax results
• Choice of entity both among the available options and among the various states
• Agency law

The award was established in 2001 to honor the memory of Marty Lubaroff who untimely passed away on January 1, 2001. Marty was the quintessential lawyer--careful, thorough, exacting, engaging, insightful, precise, provocative and persistent, while gentle, kind and courteous. He was a good friend and mentor to scores of lawyers in Delaware and throughout the United States. Marty was a long-time member of, and key participant in, the LLCs, Partnerships and Unincorporated Entities Committee. He chaired the Limited Partnerships Subcommittee at the time of his death.

Award Recipients:

• 2001 Harry J. Haynsworth IV
• 2002 Alan R. Bromberg
• 2003 Allan G. Donn
• 2004 Gerald V. Niesar
• 2005 Peter D. Hutcheon
• 2006 Howard N. Lefkowitz
• 2007 George W. Coleman
• 2008 Robert R. Keatinge
• 2009 Michael A. Bamberger
• 2010 Lewis R. Kaster
• 2011 John H. Small
• 2012 Larry E. Ribstein

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Chair:  Scott E Ludwig

Vice-Chairs:  Eric N Feldman, Ellisa Opstbaum Habbart, Thomas Rutledge

Committee Roster (1493 total members)

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