BarbriSFCourseDetails
  • videocam On-Demand
  • card_travel Corporate Law
  • schedule 90 minutes

Delaware LLC Agreements: Planning and Drafting Approaches

Evaluating and Leveraging the Contractual Flexibility Afforded by the Delaware LLC Act; New 2018 Amendments

$297.00

This course is $0 with these passes:

CLE
ALL
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Description

The Delaware LLC Act is the preeminent LLC Act in the U.S. and arguably the most flexible. The body of Delaware LLC case law is extensive and evolving, and the Delaware courts lead the country in deciding business disputes. For these and other reasons, the DLLC Act is the statute of choice when forming LLCs.

However, forming an LLC under the Act is not for the unprepared. It is a lengthy and complex LLC statute, presenting many pitfalls for attorneys. Becoming familiar with the terms of the Act and the critical LLC issues not addressed by its terms is vital.

Listen as our authoritative panel of Delaware attorneys discusses the advantages of Delaware LLC formation and best practices for drafting LLC agreements under the DLLC Act.

Presented By

Douglas Park
Atty
Douglas Park Law Firm

Mr. Park has worked with large, international law firms and served as in-house legal counsel for an international publicly-traded company. As a result, he has worked on a variety of sophisticated business transactions and is skilled at structuring, drafting and negotiating commercial contracts and business arrangements. He has written on issues concerning operating agreements and an LLC member’s bankruptcy.

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Arina Shulga
Atty
Mitchell Silberberg & Knupp LLP
Credit Information

  • This 90-minute webinar is eligible in most states for 1.5 CLE credits.


  • Live Online


    On Demand

Date + Time

  • event

    Wednesday, November 14, 2018

  • schedule

    1:00 PM E.T.

  1. Anatomy of an LLC agreement
  2. Choosing between the DLLC Act and other LLC Acts when forming LLCs
  3. Taking advantage of the flexibility of the DLLC Act in forming Delaware LLCs
  4. Avoiding pitfalls in forming Delaware LLCs

The panel will review these and other key issues:

  • What main factors to consider in choosing between formation under the DLLC Act versus non-Delaware LLC Acts
  • What are the key opportunities in the mandatory, default and permissive provisions of the DLLC Act?
  • What are the pitfalls when forming Delaware LLCs?