Client Alert:
2008 Amendments to Delaware Business Law Statutes
September 4, 2008

Wilmington
302.425.3302
610.371.1232 fax
mjo@stevenslee.com

Matt concentrates his practice on corporate and business transactions, particularly the structure and use of Delaware business entities, including Delaware corporations, limited liability companies, partnerships (general and limited) and statutory trusts. He often serves as Delaware counsel to lenders, borrowers, investors, managers, trustees and other parties involved in both domestic and international business transactions. His practice frequently involves providing third-party legal opinions concerning Delaware’s General Corporation Law, Delaware’s alternative entity statutes, the Delaware UCC and other applicable law.

Matt currently serves as a member of the Council of the Corporation Law Section of the Delaware State Bar Association. He also sits on the drafting committee responsible for the Delaware Limited Liability Company Act, the Delaware Revised Uniform Limited Partnership Act and the Delaware Revised Partnership Act. Matt has served previously on other committees established by the Council, including the Technology Update Committee, which undertook a comprehensive review of Delaware’s General Corporation Law to study and recommend changes to that statute to accommodate current technology. He is one of the principal drafters of the Delaware Revised Captive Insurance Company Act.

Matt is co-author of Symonds & O'Toole on Delaware Limited Liability Companies, published by Wolters Kluwer Law & Business/Aspen Publishers. His articles on amendments to Delaware’s corporate and alternative entity statutes and the Delaware UCC are published regularly in CSC’s Delaware Laws Governing Business Entities and he is co-author of the “Delaware Limited Liability Company Practice Guide,” in State Limited Liability Company & Partnership Laws, published by Aspen Law & Business. In addition, he has written a number of other publications and guides that serve as references for both business and legal professionals.

He is a former law clerk to The Honorable Rebecca Beach Smith, U.S. District Judge, United States District Court, Eastern District of Virginia. While in law school, he was a member of the William and Mary Law Review and awarded membership in the Order of the Coif.

Education:
Marshall-Wythe School of Law, College of William & Mary, J.D.,1992
Fordham University, M.A.,1988
Fordham University, summa cum laude, B.A.,1985

Bar Admissions:
Delaware

Court Admissions:
U.S. District Court for the District of Delaware

Selected Publications:

• "Amendments to Alternative Entity Statutes Are 'Modest in Scope,'" Delaware Law Weekly, Volume 11, Number 39, September 24, 2008. Co-author.

• Symonds and O’Toole on Delaware Limited Liability Companies, published by Wolters Kluwer Law & Business/Aspen Publishers.

• “Delaware Limited Liability Company Practice Guide,” in State Limited Liability Company & Partnership Laws, published by Aspen Law & Business.

• “Delaware - A Dynamic Choice for Insurance Securitizations,” published by the Delaware Captive Insurance Association, June 2007. Co-author.

• “Delaware’s New Captive Insurance Law,” published by the Delaware Captive Insurance Association, August 2005. Co-author.

• “Uses and Advantages of Delaware Statutory Trusts and Delaware Limited Liability Companies in Securitisations,” 2003 Global Securitisation and Structured Finance Guide. Reprinted June 2004.

• “Delaware: Preferred Gateway to the U.S. Marketplace,” published by Corporation Service Company, December 2004.

• “Delaware’s New General Partnership Law,” The Corporate Edge, 2000.
   

• Analysis of 2008 Amendments to Articles 1, 8 and 9 of the Delaware Uniform Commercial Code
• Analysis of 2008 Amendments to the Delaware Limited Liability Company Act
• Analysis of 2008 Amendments to the Delaware Revised Uniform Limited Partnership Act
• Analysis of 2008 Amendments to the Delaware Revised Uniform Partnership Act
• Analysis of 2008 Amendments to the Delaware Statutory Trust Act
• Analysis of 2008 Amendments to the General Corporation Law of the State of Delaware
   

• Analysis of 2007 Amendments to Articles 1, 8, and 9 of the Delaware Uniform Commercial Code
• Analysis of 2007 Amendments to the Delaware Limited Liability Company Act
• Analysis of 2007 Amendments to the Delaware Revised Uniform Limited Partnership Act
• Analysis of 2007 Amendments to the Delaware Revised Uniform Partnership Act
• Analysis of 2007 Amendments to the General Corporation Law of the State of Delaware
   
• Analysis of 2006 Amendments to Articles 8 and 9 of the Delaware Uniform Commercial Code
• Analysis of 2006 Amendments to the Delaware Limited Liability Company Act
• Analysis of 2006 Amendments to the Delaware Revised Uniform Limited Partnership Act
• Analysis of 2006 Amendments to the Delaware Revised Uniform Partnership Act
• Analysis of 2006 Amendments to the Delaware Statutory Trust Act
• Analysis of 2006 Amendments to the General Corporation Law of the State of Delaware
   
• Analysis of 2005 Amendments to Articles 8 and 9 of the Delaware Uniform Commercial Code
• Analysis of 2005 Amendments to the Delaware Limited Liability Company Act
• Analysis of 2005 Amendments to the Delaware Revised Uniform Limited Partnership Act
• Analysis of 2005 Amendments to the Delaware Revised Uniform Partnership Act
• Analysis of 2005 Amendments to the Delaware Statutory Trust Act
• Analysis of 2005 Amendments to the General Corporation Law of the State of Delaware
   
• Analysis of 2004 Amendments to the Delaware Limited Liability Company Act
• Analysis of 2004 Amendments to the Delaware Revised Uniform Limited Partnership Act
• Analysis of 2004 Amendments to the Delaware Revised Uniform Partnership Act
• Analysis of 2004 Amendments to the Delaware Statutory Trust Act
   
• Analysis of 2003 Amendments to the Delaware Limited Liability Company Act
• Analysis of 2003 Amendments to the Delaware Revised Uniform Limited Partnership Act
• Analysis of 2003 Amendments to the Delaware Revised Uniform Partnership Act
• Analysis of 2003 Amendments to the Delaware Statutory Trust Act
   
• Analysis of 2002 Amendments to the Delaware Limited Liability Company Act
• Analysis of 2002 Amendments to the Delaware Revised Uniform Limited Partnership Act
• Analysis of 2002 Amendments to the Delaware Revised Uniform Partnership Act
   
• Analysis of 2001 Amendments to the Delaware Limited Liability Company Act
• Analysis of 2001 Amendments to the Delaware Revised Uniform Limited Partnership Act
• Analysis of 2001 Amendments to the Delaware Revised Uniform Partnership Act
   
• Analysis of 2000 Amendments to Delaware Revised Uniform Partnership Act
• Analysis of 2000 Amendments to the Delaware Business Trust Act
• Analysis of 2000 Amendments to the Delaware Limited Liability Company Act
• Analysis of 2000 Amendments to the Delaware Revised Uniform Limited Partnership Act
   
• Analysis of 1999 Amendments to the Delaware Limited Liability Company Act
• Analysis of 1999 Amendments to the Delaware Revised Uniform Limited Partnership Act

Selected Speaking Engagements:

• Delaware Captive Insurance Association, Program on Special Purpose Financial Captives in Delaware, September 2007.

• Delaware Captive Insurance Association, Annual Conference, October 2007.

• ABA Business Law Section, Delaware Law Forum, March 2008.

• Practising Law Institute (PLI), “What All Business Lawyers Must Know About Delaware Law Developments,” May 2008.

Professional and Civic Affiliations:
American Bar Association
Delaware State Bar Association, Corporation Law and Commercial Law Sections