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LLC v. Corporation Decision Tree & Drafting Tips

  • Training

  • 3 Hours
  • Massachusetts Continuing Legal Education, Inc. (MCLE)
  • ID: 5971736
When determining the best form of entity to use when forming a new business, there are a number of considerations that clients should contemplate before drafting and filing the applicable formation documents. Will the company be providing a service or selling a product? How widely will equity in the business be shared? Will employees be given equity? Do you contemplate raising venture capital or angel financing? Will there be significant losses generated early that can offset other personal income? These are just a few of the questions that attorneys should be asking their clients before advising on whether a corporation or a limited liability company makes the most sense. Hear the faculty analyze these and other considerations and discuss key drafting decisions in forming these entities.

Course Content

2:00 - 2:40 pm - LLC or Corporation: Which Makes Sense for My Client?

Joshua E. French, Esq.,
Nutter McClennen & Fish LLP, Boston

Elizabeth S. Myers, Esq.,
Nutter McClennen & Fish LLP, Boston

2:40 - 3:00 pm - What Should My LLC Operating Agreement Include?

Joshua E. French, Esq.,
Nutter McClennen & Fish LLP, Boston

Elizabeth S. Myers, Esq.,
Nutter McClennen & Fish LLP, Boston

3:00 - 3:10 pm - Break

3:10 - 3:30 pm - What Should My LLC Operating Agreement Include? (cont.)

Joshua E. French, Esq.,
Nutter McClennen & Fish LLP, Boston

Elizabeth S. Myers, Esq.,
Nutter McClennen & Fish LLP, Boston

3:30 - 4:10 pm - What Should My Corporate Documents Include and Do I Need a Shareholders’ Agreement?

Joshua E. French, Esq.,
Nutter McClennen & Fish LLP, Boston

Elizabeth S. Myers, Esq.,
Nutter McClennen & Fish LLP, Boston

4:10 - 4:15 pm - Break

4:15 - 4:55 pm - What Happens if I Have to Change My Form of Entity?

Joshua E. French, Esq.,
Nutter McClennen & Fish LLP, Boston

Elizabeth S. Myers, Esq.,
Nutter McClennen & Fish LLP, Boston

4:55 - 5:00 pm - 'Ask the Experts' Q&A Session and Key Takeaways

Please Note
This webcast is delivered completely online, underscoring the 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.

Speaker(s)

Chair

oshua E. French, Esq.
Nutter McClennen & Fish LLP, Boston

Faculty

Elizabeth S. Myers, Esq.
Nutter McClennen & Fish LLP, Boston