R. Jason Russell

Partner

T
(302) 225-2565 F

In 2018, Jason was named one of the Delaware Business Times 40 Under 40 achievers and innovators in Delaware.

Jason’s practice focuses on limited liability company, partnership (including master limited partnerships (MLPs)) and statutory trust law. Jason represents clients in a broad range of commercial matters, including mergers, asset acquisitions, joint ventures, financings and bankruptcy related transactions, and prepares Delaware legal opinions in connection with these matters. Jason has also worked extensively in bank regulatory matters and unclaimed property audits, compliance and voluntary disclosure programs.

Jason regularly represents private equity, hedge fund and mutual fund companies that organize investment funds as Delaware limited partnerships, limited liability companies and/or statutory trusts and assists these companies with other Delaware law matters. He has also advised numerous bank and other financial institutions with the organization, acquisition and disposition of banks and trust companies, including limited purpose trust companies. Jason helps clients resolve issues and accomplish transactions in a wide range of other commercial settings, including serving as Delaware counsel to MLPs. He drafts and negotiates credit and security documents; merger, asset sale and stock sale documents; and general commercial contracts. In connection with all of these types of matters, Jason has extensive experience in preparing Delaware legal opinions and has developed a focus in preparing legal opinions for new market tax credit transactions.

As outside counsel, Jason has advised dozens of companies, including many Fortune 500 companies, in connection with unclaimed property issues. He has represented clients across a broad range of industries in audits, voluntary disclosure programs and compliance matters.

In 2018, Jason was named one of the Delaware Business Times 40 Under 40 achievers and innovators in Delaware.

Professional Activities

  • American Bar Association (Business Law Section)
    • Committee on LLCs, Partnerships and Unincorporated Business Associations
    • Legal Opinion Committee
  • Delaware State Bar Association (Chair, Commercial Law Section)

Community Activities

  • Boys & Girls Club of Delaware, Wilmington Unit (Board Member, 2008-2012)

News

Morris Nichols Represents Terminal Investment Limited in Acquisition of Controlling Stake in Total Terminals International

Wilmington, DE (February 6, 2017) – Morris Nichols successfully represented Terminal Investment Limited SARL (“TiL”) as lead counsel in its cross-border acquisition from Hanjin Shipping Co., Ltd. (“Hanjin”) of a controlling stake in Total Terminals International, LLC (“TTI”), a Delaware limited liability company which operates two... Continue Reading

Morris Nichols Elects Mac Measley, Andrew Remming, Jason Russell as Partners; Karl Randall as Special Counsel

Wilmington, DE (January 4, 2016) – Morris, Nichols, Arsht & Tunnell LLP is pleased to announce that Mac Measley, Andrew Remming and Jason Russell have been elected partners, and that Karl Randall has been promoted to special counsel, effective January 1, 2016. “We are proud to congratulate Mac, Andrew, Jason, and Karl on reaching these... Continue Reading

Morris Nichols Part of International M&A Team - Advises Shareholders on the Sale of Omicron NanoTechnology GmbH to Oxford Instruments PLC

Wilmington, DE (August 24, 2011) – David Ley Hamilton, Morris Nichols Commercial Law Counseling Group partner and firm Executive Committee member, and associate R. Jason Russell, served as U.S. legal counsel that teamed with German law firm and fellow TerraLex network member SKW Schwarz to advise on the sale of German-based Omicron... Continue Reading

Articles

Events

DSBA Recent Developments and Legislative Changes in Commercial Law 2018

10.10.2018 in Wilmington, DE - Commercial
R. Jason Russell, Sara A. Gelsinger

On October 10, 2018, the Delaware State Bar Association presents a half-day CLE program on current hot topics in Delaware commercial and entity law. Morris Nichols partner Jason Russell and attorney Sara Gelsinger will co-present the closing session, “Recent Statutory Amendments and Cases Involving Delaware LLCs, LPs and Statutory Trusts.”... Continue Reading

UPPO Webinar: Policies and Procedures

8.8.2018 in Webinar - Unclaimed Property
R. Jason Russell

The Unclaimed Property Professionals Organization hosts a webinar on developing, maintaining and using comprehensive unclaimed property policies and procedures at 1:00 p.m. EDT on August 8, 2018. Morris Nichols partner Jason Russell will present the hour-long session with Samantha Petersen of KPMG LLP. CLE opportunities are available. For more... Continue Reading

Webinar: Unclaimed Property Fundamentals: Filing (The Unclaimed Property Reporting Cycle)

6.13.2018 in Webinar - Unclaimed Property
R. Jason Russell

Managing the unclaimed property compliance function including the continuously changing state statutes can be a gruesome task. In-depth reviews as well as strong policies and procedures are necessary for accurate escheatment to take place. Not adhering to these parameters may result in a costly state audit and/or very high interest and penalty... Continue Reading

Webinar: Unclaimed Property Fundamentals: Delaware Secretary of State Voluntary Disclosure Program

12.19.2017 in Webinar - Unclaimed Property
R. Jason Russell

The extensive and complex requirements of the Delaware Secretary of State Voluntary Disclosure Agreement Program (“DE VDA”) means that conducting a self-review must be closely managed and monitored. Determining the entities and property types in scope and evaluating the years where complete and researchable records are available requires that... Continue Reading

UPPO Lunch ‘n Learn – Silicon Valley

11.16.2016 in San Jose, CA - Unclaimed Property
R. Jason Russell

The Unclaimed Property Professionals Organization presents a lunch ‘n learn session on November 16, 2016 in San Jose, Calif. Morris Nichols partner Jason Russell will speak on recent litigation and its impact on abandoned and unclaimed property audits, VDAs, and compliance. The UPPO Lunch ‘n Learn series brings premier, introductory unclaimed... Continue Reading

NBI Limited Liability Companies Seminar

11.6.2015 in Wilmington, DE - Commercial
R. Jason Russell

The National Business Institute hosts a CLE program on Limited Liability Companies in Wilmington, Del. on November 6, 2015. The day-long course will provide an overview of LLCs, tax advantages, state law compliance, practical operating procedures and ethical issues in LLC formation. Morris Nichols attorney Jason Russell will present the afternoon... Continue Reading