Richards, Layton & Finger, P.A.

Limited Liability Company & Partnership Advisory; Structured Finance

Monica Ayres has 20 years of experience advising Fortune 500 companies, large investment firms, and other entities on matters of Delaware law.

Focusing on Delaware limited partnerships, general partnerships, and limited liability companies, Monica handles formation, operation, and governance matters, as well as analyzing fiduciary duty and contractual issues, regarding these alternative entities.

Monica provides advice and legal opinions in connection with a wide range of transactions involving Delaware limited liability companies and partnerships.  She also advises on litigation concerning these matters.  Monica’s expertise includes merger, conversion, and acquisition transactions as well as investment fund, structured finance, joint venture, strategic alliance, and financing transactions.

Active in the firm’s pro bono program, Monica provides support to nonprofit organizations needing board members or assistance with corporate governance matters.

Select Experience

Represented a leading private equity firm in connection with the formation of a multibillion-dollar private investment fund Advised a Fortune 500 company in connection with an internal reorganization, including the merger, conversion, and dissolution of a number of subsidiaries Advised a Fortune 500 company in connection with issues arising from a joint venture limited liability company formed for the purpose of performing a multibillion-dollar contract

Publications

Recent Developments to Delaware LLC and LP Acts

The Abstract   |   Spring 2024

Delaware limited liability companies (“LLCs”) and Delaware limited partnerships (“LPs”) are increasingly common vehicles used in connection with a diverse range of business applications in the real estate world.

Proposed Amendments to the Delaware General Corporation Law and Delaware’s Limited Liability Company and Partnership Acts

Insights   |   June 2021

Proposed legislation would amend the Delaware General Corporation Law, the Delaware Limited Liability Company Act, the Delaware Revised Uniform Limited Partnership Act and the Delaware Revised Uniform Partnership Act to clarify, among other things, the treatment of capital stock owned by the corporation, provide a safe harbor procedure for the ratification of void and voidable acts and…

Proposed Amendments to Delaware’s LLC and Partnership Acts

Harvard Law School Forum on Corporate Governance and Financial Regulation   |   June 3, 2019

Legislation proposing to amend the Delaware Limited Liability Company Act (LLC Act), the Delaware Revised Uniform Limited Partnership Act (LP Act) and the Delaware Revised Uniform Partnership Act (GP Act) (collectively, the LLC and Partnership Acts) has been introduced to the Delaware General Assembly. The following is a brief summary of some of the more significant…

Proposed Amendments to Delaware’s LLC and LP Acts

Harvard Law School Forum on Corporate Governance and Financial Regulation   |   May 29, 2018

Legislation proposing to amend the Delaware Limited Liability Company Act (LLC Act) and the Delaware Revised Uniform Limited Partnership Act (LP Act) (jointly, the LLC and LP Acts) has been introduced to the Delaware General Assembly.

2014 Amendments to Delaware’s Alternative Entities Legislation

Insights   |   August 2014

The following is a brief summary of some of the more significant amendments that affect Delaware limited liability companies, Delaware limited partnerships and Delaware general partnerships.

Pro Bono Activities

Delaware Volunteer Legal Services

Bar Admissions

Delaware, 2000

College of William & Mary School of Law, J.D., 2000 College of William & Mary Law Review University of Pennsylvania, B.A., 1994