LLC Operating Agreements: Formation, Drafting, and Provisions
1 hour 30 minutes
Gain a better understanding of the key provisions of operating agreements of limited liability companies.
Limited liability companies have become a popular type of entity in recent years as they offer flexibility for many businesses. When forming a limited liability company, it is prudent for businesses to plan ahead for the management and affairs of a company to improve the health and longevity of a business. Even if a company has existed for many years, it is also important to revisit corporate governance periodically to determine whether any changes need to be made. This topic will focus on the key provisions of operating agreements of limited liability companies, such as the economics, management authority, deadlock, indemnification, and other special rights.
• You will be able to describe the important considerations for the capitalization and economics of a limited liability company.
• You will be able to recognize potential conflicts between members and managers and address these ahead of time.
• You will be able to review assignability of interest and transfer rights.
• You will be able to discuss special rights and fiduciary duties for members.
To register for this live webinar please dial 866.226.0828.