Solving the LLC Puzzle in Bankruptcy

The Limited Liability Company is an ever more popular business entity structure. Its popularity makes perfect sense in that it is designed to limit owners’ personal liability and to provide greater contractual flexibility in all aspects of company ownership, management, allocations, and distributions, among many other things. LLCs may also offer significant tax benefits. However, state LLC law and its interplay with federal bankruptcy law is a minefield of trouble for the LLC debtor or where one or more members of an LLC are the debtors in a bankruptcy proceeding. This panel will explore the unique issues that LLCs present in bankruptcy. Believe it, if you have not seen this issue yet, you are about to!

$25.00
Price: $25.00
SKU: 183482
Duration: 
90 mins
Faculty: 
Hon. Frank J. Bailey, Moderator U.S. Bankruptcy Court (D. Mass.); Boston Douglas A. Bates Clark Partington Hart Larry Bond & Stackhouse, P.A.; Pensacola Louis T. M. Conti Holland & Knight LLP; Tampa Lara R. Fernandez Trenam Law; Tampa

ABI encourages participants to ask questions during sessions both live and on demand. If you have a question for a panelist during a session you should email the panelist your question and the panelist will respond to you promptly. Most panelists are ABI members, so you can access the panelist's email address in ABI's membership directory, or alternatively you can go to support.abi.org and ask your question there.