Robert L. Symonds, Jr.

Biography

Robert L. Symonds, Jr., a retired Potter Anderson partner, focused his practice on corporate and business transactions, particularly the structure and use of Delaware business entities, including Delaware corporations, limited liability companies, partnerships and statutory trusts. He often served as Delaware counsel to lenders, borrowers, investors, managers, trustees and other parties in domestic and international business transactions. His practice frequently involved providing third-party legal opinions as to matters of Delaware corporate law, Delaware alternative entity law and other applicable law.

In addition to being one of the original drafters of the Delaware Limited Liability Company Act, Bob is a former chairman of the drafting committee responsible for amendments to that statute and to the Delaware Revised Uniform Limited Partnership Act and the Delaware Revised Uniform Partnership Act. He also is a former member of the drafting committee for the Delaware Statutory Trust Act and is one of the principal drafters of the Delaware Revised Captive Insurance Company Act and the Delaware Insurance Company Mutual-to-Stock Conversion Act. In addition, he was an original member of the legislative drafting committee of the Delaware Captive Insurance Association. Bob is a former chair of the Delaware State Bar Association’s Commercial Law Section, which monitors and recommends changes to Delaware’s business and commercial laws. He frequently appeared before the Delaware Legislature to provide testimony on proposed Delaware legislation and related matters.

Bob is co-author of the law treatise Symonds and O’Toole on Delaware Limited Liability Companies, published by CSC/LexisNexis. He also is the author of a number of publications and guides that serve as references to both business professionals and legal advisors who participate in transactions involving Delaware business entities and he has spoken at numerous seminars on topics of Delaware law.