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LLC Essentials: Planning and Remedies for Formation and Continuity

Content Provider
American Law Institute CLE
Product
CLE
Run Time
121 Minutes
Recording Date
06/20/2024
Presenter(s)
Thomas P. Owen, Jr.
Learning Method
On-Demand Training
Practice Area
Corporate and Business Law
Persona
CLE OnDemand

Price $259.00

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Description

A limited liability company (LLC) offers a unique combination of the flexibility of a partnership with the asset protection of a corporation. To effectively advise clients on LLC matters, you must have the knowledge to convey the purpose of an LLC agreement, as well as the relevant provisions that apply to the formation and growth of the company. You must also have the foresight to address legal issues and potential disputes that might arise between LLC members and managers. Gain invaluable insights into the foundational aspects when structuring an LLC, as well as navigating the legal complexities of member and manager roles. This two-hour webcast examines the benefits of an LLC compared with other entity structures and discusses relevant issues concerning how to structure the decision-making process to ensure clarity and efficiency of LLC operations. This program also analyzes dispute resolution within an LLC and considerations for maintaining the limited liability protections provided by LLCs. Topics include: - Understanding the Framework: Exploring the Anatomy of LLC Structure - Balancing Act: Unraveling the Powers and Duties of Members and Managers - Decision-Making Demystified: Delving into Essential Voting Provisions - Navigating Turbulence: Strategies for Effective Dispute Resolution in LLCs - Shifting Shares: Mastering the Art of Transfers of Interests in LLCs - Shielding Your LLC: Preventing Veil Piercing and Maintaining Limited Liability This program is for attorneys who require essential knowledge and strategies for navigating the intricate landscape of LLCs.

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved2.00General12/31/2024
AlaskaApproved2.00GeneralOn-going
ArizonaApproved2.00GeneralOn-going
ArkansasApproved2.00GeneralOn-going
CaliforniaApproved2.00Participatory06/20/2029
ColoradoApproved2.00General12/31/2026
ConnecticutApproved2.00GeneralOn-going
DelawareApproved2.00General06/19/2026
FloridaApproved2.50General02/28/2026
GeorgiaApproved2.00General12/31/2024
HawaiiApproved2.00General06/20/2026
IdahoApproved2.00General06/19/2029
IllinoisApproved2.00General08/08/2026
IndianaApproved2.00General09/15/2025
IowaApproved2.00General06/19/2025
KansasApproved2.00General08/11/2025
KentuckyApproved2.00General06/30/2025
LouisianaApproved2.02General08/11/2025
MaineApproved2.00General09/29/2026
MinnesotaApproved2.00General09/15/2026
MississippiApproved2.00General08/11/2025
MissouriApproved2.40GeneralOn-going
MontanaApproved2.00General06/20/2027
NebraskaApproved2.01General06/19/2026
NevadaApproved2.00General12/31/2027
New HampshireApproved2.00General06/19/2027
New JerseyApproved2.00GeneralOn-going
New MexicoApproved2.00General06/19/2029
New YorkApproved2.00SkillsOn-going
North CarolinaApproved2.00General02/28/2025
North DakotaApproved2.00General06/20/2027
OhioApproved2.00General12/31/2024
OklahomaApproved2.50General08/25/2025
OregonApproved2.00General06/20/2027
PennsylvaniaApproved2.00General08/11/2026
Rhode IslandApproved2.00General06/30/2025
South CarolinaApproved2.02General12/31/2024
TennesseeApproved2.02General08/11/2025
TexasApproved2.00General07/28/2025
UtahApproved2.00General12/31/2024
VermontApproved2.00GeneralOn-going
VirginiaApproved2.00General10/31/2024
WashingtonApproved2.00General06/19/2029
West VirginiaApproved2.42GeneralOn-going
WisconsinApproved2.00GeneralOn-going
WyomingApproved2.00General08/11/2025

Speakers