LLC Agreements: Planning and Drafting Approaches

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Detailed Information

Highlights of the course include:

  • Primary issues to be addressed in LLC agreements:
    • Formation
    • Capitalization
    • Distributions
    • Tax Issues
    • Management
    • Transfers of Interests
    • Dissolution
  • What are the difference between Delaware LLC Act and acts in other US states?
  • Flexibility of Delaware LLC Act in drafting LLC Agreements
  • Pitfalls of Delaware LLC Act: fiduciary duty waivers