DRULPADelaware Revised Uniform Limited Partnership Act
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Timber Co., (142) for instance, the Delaware Chancery Court noted that DRULPA "apparently [allows] broad license to enhance, reform, or even eliminate fiduciary duty protections, (143) In Walker v.
Nevertheless, the Delaware Supreme Court went out of its way to correct dicta in the chancery court opinion which had stated that DRULPA expressly authorized the elimination, modification, or enhancement of fiduciary duties.
LEXIS 146, at *34 (construing DRULPA to permit the elimination of partners' fiduciary duties).
III.B.2 will analyze the DRULPA provision--section 17-802--that the
(98) Because section 17-802 of the DRULPA is the direct counterpart of
direct counterpart of section 17-802 of DRULPA, containing essentially