This CLE program offers critical insights and practical guidance for attorneys advising clients on LLC governance and asset protection strategies. Participants will explore recent legislative developments impacting LLC structures, particularly amendments in Delaware law and California's Revised Uniform Limited Liability Company Act (RULLCA). The session will highlight essential best practices for drafting effective operating agreements tailored to manage and resolve disputes, including those common in family-owned LLCs. Attendees will also learn about strategic approaches to asset protection through methods to preserve LLC liability shields and defend against charging orders. Additionally, the webinar covers considerations for using LLCs in estate planning contexts, emphasizing legitimate non-tax business purposes. Finally, participants will gain awareness of recent legislative developments concerning arbitration agreements and confidentiality provisions, particularly in employment scenarios, ensuring they are well-equipped to navigate this evolving area of law effectively.
Key topics to be discussed:
- Recent legislative changes: Amendments to Delaware's General Corporation Law and the Delaware Limited Liability Company Act
- California LLC governance: Understanding California's Revised Uniform Limited Liability Company Act (RULLCA) and officer appointment ambiguities
- Drafting operating agreements: Best practices for effectively managing disputes and governance issues, particularly within family-owned LLCs
- Asset protection with LLCs: Charging orders, sole remedies, and strategies for maintaining the integrity of LLC asset protections
- Estate planning and LLCs: Practical guidance on structuring LLCs for estate planning purposes, emphasizing non-tax-driven business purposes
- Legal consequences of arbitration and confidentiality legislation: Navigating recent legislative impacts on arbitration agreements and confidentiality provisions, particularly in employment related disputes
This course is co-sponsored with myLawCLE.
Date / Time: May 23, 2025
- 1:00 pm – 3:10 pm Eastern
- 12:00 pm – 2:10 pm Central
- 11:00 am – 1:10 pm Mountain
- 10:00 am – 12:10 pm Pacific
Click here to register: Launching an LLC in 2025: Legal Trends, Conflict Mitigation, and Estate Planning Applications – Federal Bar Association