LLCs and Partnerships, Recent Trends

The panelists will discuss certain recent developments, frequently encountered issues, and hot topics in the context of partnerships and limited liability companies, such as the Corporate Transparency Act, series limited liability companies, issues arising in connection with the death of a partner or member (e.g., efficacy (or not) of provisions in the operating agreement purporting to automatically transfer a membership interest on death, rights (or lack thereof) of deceased member’s estate or heir, and interpretation of “permitted transferee” provisions), recent cases addressing reverse veil piercing, 2021 amendments to the Delaware LLC and partnership acts, and recent Delaware cases of interest.

Presented by: Elisa Erlenbach Maas - Richards, Layton & Finger, Elizabeth S. Miller - Baylor Law and Thomas Rutledge - Stoll Keenon Ogden

CLE: 1.5 general credit

States Pre-Approved: AR, CA, NV, MO, NJ, NY, OK, PA, VT

(AK, AZ, CT, NH eligible to claim credit)

States Pending Approval: CO, GA, IL, NC, OH, UT

We will apply for approval in other US states as registrations warrant,* with exception to the following: KS, RI, VA, WA**

* Approval process times will vary

** We will supply you with the information needed to self-apply

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