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Business Law
Drafting LLC Operating Agreements
It’s not enough to have a great idea for a business—forming and organizing the business is an integral part of success. Begin with an overview of drafting and then move on to the starting point of any business—choice of entity.
Review articles and operating agreements and learn how to draft creative management alternatives to avoid deadlock and incorporate dispute resolution. Take a look at voluntary and involuntary transfers of membership interests, including bankruptcy and death, and safe-harbor LLC and partnership allocation provisions. Pick up tips on the problems common to many operating agreements and how to handle a problem agreement. Finally, examine drafting and estate planning considerations, such as multi-generational ownership and using an LLC to manage trust assets.
Whether you are new to a business practice or simply adding to your existing expertise, don’t miss the opportunity to benefit from this seminar’s practice-oriented focus.
6.5 General CLE credits
