Subscribe- Plaintiff
- Olson, Brian
- Defense
- Halvorsen, Viking Global Finance
- Represented By:
- Frey, Andrew (Mayer Brown LLP (Los Angeles))
Summary
Post-trial oral arguments after Vice Chancellor Lamb ruled the statute of frauds applied to an LLC agreement.
Brian Olson was one of three co-founders of long/short equity hedge fund Viking Global Management, along with David Ott and Andreas Halverson. Olson sought to recover pursuant to a termination provision in an LLC agreement that provided for various equity and income splits among the three owners, but gave Halverson majority rights.
Viking generated revenue by charging a 1.5% management fee for funds invested, plus 20% of any profits gained.
- Plaintiff
- Defense
- Jurisdiction
- Delaware Supreme Court
- Court
- Delaware Supreme Court
- Case Number
- 1884
- Industry
- Finance
- Practice Area
- Employment Law, Business Organizations
- Expert Witnesses
- Lay Witnesses
Sessions
AM Session
Oral Arguments
5 Chapters
Recording Disclaimer: This proceeding was recorded in full.