Del. Justices Clarify State LP Disclosure Law For 9th Circ.
By Rose Krebs (June 23, 2020, 9:55 PM EDT) -- Delaware's Supreme Court said Tuesday that a limited partner agreement under Delaware law did not require a financial services newsletter author to disclose to an investor that the author's hedge fund had only two investors, after the Ninth Circuit asked the justices for a legal clarification.
In a 24-page ruling, Chief Justice Collins J. Seitz Jr., writing for the full court, answered a certified question of law posed by the Ninth Circuit related to an appeal from the U.S. District Court for the Central District of California in a lawsuit filed against financial newsletter publisher Bert Dohmen.
Dohmen, who the decision said...
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