Product Description

Of all the business organizations that an entrepreneur can select to operate under, corporations and limited liability companies are by far the most frequently used. Though the scope and complexity of an entity’s governing documents may vary depending on the purpose and goals of the company, the governing documents are important vehicles by which the business is ultimately run. Because these documents govern the business throughout its entire lifespan, being able to identify your client’s specific needs—and drafting and negotiating the documents to reflect them—is a vital skill all business attorneys must possess. This program focuses on the most common structuring issues encountered in incorporation documents and limited liability company agreements. The faculty provide practical tips on selecting the appropriate entity for your client and identifying and resolving the issues that routinely surface while drafting a business organization’s governing documents—including stock issuance, voting and governance terms, and restrictions on transfer.

Agenda & Materials

• 2:00 - 2:40 pm

  Differences Between Corporations and Limited Liability Companies

  on demand video Add to Cart

  S corporations/C corporations; Single member limited liability companies; LLC tax, allocation, and contractual flexibility

  Joshua E. French, Esq., Nutter McClennen & Fish LLP , Boston
  
• 2:40 - 3:20 pm

  Incorporation Documents

  on demand video Add to Cart

  Key provisions of articles of organization, bylaws, and other common stockholder agreements, including: classes/series of stock, vesting restrictions, voting rights, and rights of first refusal/offer

  Erik S. Thompson, Esq., Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP , Boston
  
• 3:20 - 3:30 pm

  Networking and Refreshment Break
• 3:30 - 4:10 pm

  LLC Agreements

  on demand video Add to Cart

  Key provisions of LLC operating agreements, including: capital contributions and capital accounts, voting rights and management, and prohibitions on transfer

  Jonathan M. Calla, Esq., Goulston & Storrs, PC , Boston
  
• 4:10 - 4:50 pm

  Hypotheticals and Drafting Tips

  on demand video Add to Cart

  Panel
  
• 4:50 - 4:55 pm

  Key Takeaways/ "Ask the Experts" Q&A Session

  on demand video Add to Cart

  Panel
  

Special Program Materials:

• A Practical Guide to Massachusetts Limited Liability Companies

Please Note

MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Chair

Faculty