(VIDEO REPLAY) A Practical Guide To LLCs
Wednesday, Aug 10 2011

In this seminar, an experienced panel will provide a practical introduction to LLCs. The panel will compare the LLC to corporations (including S corporations), as well as partnerships and limited partnerships, highlighting how the advantages and disadvantages of each form can shape one's choice-of-entity decision to utilize an LLC. The panel will walk attendees through the mechanics of forming an LLC, including the drafting of the basic operating agreement. Working from actual operating agreements, the panel will review managerial, voting, governance and control structures, typical as well as unique capital structures, and buy-outs and exit strategies. The panel will discuss the use of equity-based incentive compensation arrangements in the context of an LLC and compare them to traditional corporate stock option plans. Throughout its presentation, the panel will highlight tax issues and benefits that arise from the utilization of an LLC, discuss new developments in the area of LLC law and provide real-world examples of the use of LLCs in specific businesses and contexts.

California,New Jersey & New York CLE Credit: 4.5 total: 2.0 skills; 1.5 professional practice & 1.0 ethics. This video replay does not provide transitional credit to newly admitted attorney. Illinois Credit: 3.5 total: 2.75 general MCLE & .75 ethics (pending) credits. New York CPE Credit: 4.5 total: 2.5 advisory; 1.0 tax & 1.0 ethics.


Continue Shopping