Limited Liability Companies: Issues to Address in the Operating Agreement to a Traditional LLC or to a Series LLC

$195.00

Live Broadcast on December 5, 2017

This course will give a basic review of limited liability companies and issues to consider when drafting operating agreements, including: (i) what is a limited liability company; (ii) the history of limited liability companies; (iii) the legal characteristics of a limited liability company; (iv) the advantages and disadvantages of a limited liability company; (v) the similarities and differences between limited liability companies and “s” corporations; (vi) the formation of limited liability companies, including applicable legal requirements; (vii) a review of operating agreements, including their purpose, types, and key terms to be mindful of; (viii) recent relevant changes in the law, and the status of proposed regulations affecting limited liability companies; and (ix) a description of the Series LLC, what it is, where is it, its benefits, and things to worry about.

This course is co-sponsored by Wolters Kluwer.

Key topics to be discussed:

•   The history and legal characteristics of a limited liability company
•   The advantages and disadvantages of limited liability companies, including their similarities and differences with an “s” corporation
•   The formation of limited liabilities companies, and a review of operating agreements, including their purpose, types, and key terms (including specific provisions to be mindful of)
•   Recent relevant changes in the law, and the status of proposed regulations affecting limited liability companies
•   A description of the Series LLC- What it is? Where is it authorized to exist? What are its benefits? And things to worry about

Date / Time: December 5, 2017

•  10:00 am – 12:00 pm Eastern
•  9:00 am – 11:00 am Central
•  8:00 am – 10:00 am Mountain
•  7:00 am – 9:00 am Pacific

Choose a format:

•  Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•  On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.

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Live Broadcast on December 5, 2017

Thomas D. Glascock, Esq. is a sole practitioner, with offices in Huntington, New York. Mr. Glascock concentrates his legal practice representing numerous businesses on various legal and business planning matters, including closely-held businesses, purchasers/sellers and lessors/lessees in commercial real estate matters, and individuals in estate planning and probate matters. He has significant experience working with corporations and limited liability companies in various organizational and transactional matters. Mr. Glascock also represents leading real estate developers, property managers, and real estate investors on various commercial real estate matters. His trusts and estates practice involves both assisting individuals in their planning needs and working with businesses to prepare for and satisfy their business and succession planning needs. Mr. Glascock is admitted to practice law in the state of New York, the District of Columbia and the state of North Carolina. He earned his B.A. degree from the State University of New York, College at Geneseo; and an M.B.A. degree from the University Tennessee-Knoxville, where he was a Berkline M.B.A. fellow and a John C. Cox Memorial M.B.A. fellow. Mr. Glascock earned his law degree from the SUNY at Buffalo School of Law, where he was an editor on the Law Review. He has served as a speaker at numerous professional events, and has written numerous white papers and professional articles.

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myLawCLE will seek credit where attending attorneys are primarily licensed for all of its live webinars and live teleconferences, except in states which allow for reciprocity (see reciprocity section below). Credit for CLE in a self-study format is sought for in most states; however, some states do not allow for CLE credit to be earned in a self-study format (see the self-study section below). Many states typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted. For many live events, credit approval is not received prior to the program. Credit hours granted are subject to approval from each state.

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On-demand CLE
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Section I. What is a limited liability company

Section II. The history of limited liability companies

Section III. The legal characteristics of a limited liability company

Section IV. The advantages and disadvantages of a limited liability company

Section V. The similarities and differences between limited liability companies and “s” corporations

Section VI. The formation of limited liability companies, including applicable legal requirements

Section VII. A review of operating agreements, including their purpose, types, and key terms (including specific provisions to be mindful of)

Section VIII. Recent relevant changes in the law, and the status of proposed regulations affecting limited liability companies

Section IX. A description of the Series LLC – What it is? Where is it authorized to exist? What are its benefits? And things to worry about