Deadlocks: Drafting Strategies to Proactively Solve Deadlocks in LLC Operating Agreements
Drafting Operating Agreements to avoid deadlocks can require a keen drafting hand. During this CLE presentation, we will discuss some provisions to include in an LLC Operating Agreement to break a deadlock at the Manager or Member level, including shotgun, tie-breakers, rotating control, and “put” or “call mechanisms. We will also cover alternative dispute resolution with the goal of avoiding judicial dissolution.
Presented by: Kathleen Kelley
CLE: 1.0 general credit
States Pre-Approved: AR, CA, MO, NJ, NV, NY, OK, PA, VT
(AK, AZ, CT, NH, TX eligible to claim credit)
States Pending Approval: CO, GA, IL, NC, OH, TN, UT
We will supply you with the information needed to self-apply in other states.
Contact shopcle@wealthcounsel.com for CLE assistance.
WealthCounsel members: This CLE eligible program is complimentary for
