Alternative Entities

Alternative entities is a term used to refer to anything other than a traditional corporation, including general partnerships, limited partnerships, limited liability partnerships, limited liability limited partnerships, limited liability companies, statutory and common law trusts, and special-purpose corporations.  Potter Anderson & Corroon's Structured Finance and Alternative Entity group provides services in three principal areas, counseling and governance, litigation, and structured finance.  The attorneys in the Structured Finance and Alternative Entity group have backgrounds in traditional corporate law, business and commercial law and taxation.  These backgrounds uniquely qualify the attorneys in this group to assist clients in achieving their business goals under Delaware law while not disturbing their desired international, federal and state tax goals.  Attorneys practicing in this area represent Potter Anderson & Corroon by serving on the prestigious Corporate Council, Partnership Committee and Statutory Trust Committee of the Delaware State Bar Association, which bodies are responsible for drafting legislation and amendments relating to the Delaware General Corporation Law, the Delaware Revised Uniform Partnership Act, the Delaware Revised Uniform Limited Partnership Act, the Delaware Limited Liability Company Act, and the Delaware Statutory Trust Act. 

The Structured Finance and Alternative Entity group is chaired by Scott E. Waxman, who has been ranked first overall in Delaware in the Alternative Entities subcategory of Corporate/M&A in Chambers USA:  America's Leading Lawyers for Business (2006).