Delaware Alternative Business Entities: New Opportunities With LLCs, LLPs and Statutory Trust Vehicles

Navigating Recent Statutory Amendments and Case Law Developments

Recording of a 90-minute CLE webinar/teleconference with Q&A


Conducted on Wednesday, January 13, 2010
Recorded event now available


This CLE webinar will review the recent amendments to the Delaware alternative entity statutes and discuss significant case law developments affecting entity creation and structure. The panel will also discuss recent trends and the cutting edge use of alternative entities in business, finance and investments.

Description

The contractual flexibility provided in the Delaware alternative business entity codes makes it the top choice for LLC, LLP and statutory trust formation. All corporate practitioners must understand legal developments and trends in utilization of these entities in business, finance and investment.

Several key 2009 cases have addressed various issues associated with LLC operating agreements, fiduciary duties and liabilities and judicial dissolution. In Aug. 2009, Delaware amended its alternative entities codes to clarify existing law and create more flexibility for contractual freedom.

Some of the more significant amendments to the codes address the doctrine of independent legal significance, amendments to governing agreements in the wake of mergers and conversions, LLP formation issues, and expansion of the jurisdiction of the Delaware Court of Chancery.

Listen as our authoritative panel of corporate attorneys discusses recent statutory and common law developments in Delaware alternative business entities and trends in the use of these entities.

Outline

  1. Overview of Delaware alternative entities and recent amendments
    1. Limited Liability Company Act
    2. Revised Uniform Partnership Act
    3. Revised Uniform Limited Partnership Act
    4. Statutory Trust Act
  2. Cutting edge use of alternative entities
    1. Investments
    2. Securitization
    3. Real estate
    4. International
  3. Significant Delaware case law developments in alternative entities

Benefits

The panel will review these and other key questions:

  • How have the recent amendments to the Delaware alternative entity statutes impacted operations and governance of these entities?
  • What are the emerging trends for use of alternative entities in finance and investments?
  • How are alternative entities being used in the international business arena?

Faculty

Ellisa Opstbaum Habbart, Partner
The Delaware Counsel Group, Wilmington, Del.

She is a founding partner of the firm and represents Delaware corporations and alternative entities in national and international business transactions. She has been a member of the Bar Committees responsible for the creation and amendment of the Delaware alternative entity statutes, and was ABA Advisor to the Uniform Law Commission Drafting Committee on the Uniform Statutory Trust Entity Act.

Willem Calkoen, Partner
NautaDutilh N.V., Rotterdam, Netherlands

He specialises in M&A work (both public offers and private transactions) and in securities law and corporate governance. He has been involved in a variety of domestic and cross-border transactions, representing clients such as AT&T, General Electric, 3I, ICI, Knight Vinke and CalPERS, Perfetti Van Melle, Rexam, Smit Internationale, South African Paper Industries and Stork.

Thomas E. Rutledge, Member
Stoll Keenon Ogden, Louisville, Ky.

He devotes his practice to business and securities law with a specialized focus on the law of business organizations. He is actively involved in the LLCs, Partnerships and Unincorporated Entities Committee of the Section of Business Law, ABA and was an ABA advisor to the Uniform Law Commission Drafting Committee on the Uniform Statutory Trust Entity Act and Uniform Entity Transactions Act.

Ordering

Online CLE - Audio Recording

Includes audio streaming of full program plus handouts (available 24 hours after live seminar).

CLE: Pre-approved for participatory or non-traditional/alternate format credit in: CA, HI*, NY*, WV*. Pre-approved for self-study credit in: AK, AZ, MO, MT, TX, UT, VT, WA.
Upon request, also available in: CO, CT*, FL, GA, ID, KY, LA, ME, NC, ND, NE, NH, NM, NV, OR*, SC, TN, WI*, WY. If you are applying for credit in one of these states, make sure to select those states when placing your order.
(*Indicates that Strafford must report attendance.)

Online CLE Audio $149.00
Available 24 hours after the live event

How does this work?


Recorded Event

Includes full event recording plus handouts (available after live seminar).

CLE: Pre-approved for self-study credit in: AK, AZ, CA, CT, HI, MO, MT, NY, TX, UT, VT, WA, WV. Upon request, self-study credit is also available in: CO, FL, GA, ID, KY, ME, ND, NE, NH, NM, NV, OR, WI, WY. If you are applying for self-study credit in one of these states, contact Strafford CLE at 1-800-926-7926 ext. 35 or CLE@straffordpub.com.

MP3 Download (Audio Only) $49.00
Available 24 hours after the live event

How does this work?

Webinar Download (Slide Presentation with Audio) $49.00
Available three business days after the live event

How does this work?

CD (Audio Only) $49.00 plus $9.45 S&H
Available ten business days after the live event

DVD (Slide Presentation with Audio) $49.00 plus $9.45 S&H
Available ten business days after the live event

Webinar/Teleconference

Strafford webinars/teleconferences offer several options for participation: online viewing of speaker-controlled PowerPoint presentations with audio via computer speakers or via phone; or audio only via telephone (download speaker handouts prior to the program).  Please note that our webinars do not feature videos of the presenters.

Program Materials

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Program Materials

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CLE Credit

Strafford's live seminars qualify for CLE in every state that accredits webinars. They offer you a high quality, cost effective, and convenient CLE option, with no lost travel time or expenses.

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Customer Reviews

The teleconference was efficient with a well-focused agenda. The speakers really seem to know the material and communicated it clearly.

Owen Hughes

Pfizer

The teleconference contained information that was relevant, useful and up-to-date.

Mark Hegedus

Spiegel & McDiarmid

Presentations were excellent. I especially benefited from the question and answer session, as the speakers addressed actual situations that affect many of us.

Angelica Toro

Popular

The presentations provided great insight.

Josh WInslow

Pabian & Russell

Convenient, interesting and informative. Strafford brought together good subject matter experts with practical knowledge.

Thom Cope

Udall Law Firm

Corporate Law Advisory Board

Stuart M. Altman

Partner

Hogan Lovells

Mark H. Hain

General Counsel

Assurance America Corporation

Michael Hermsen

Partner

Mayer Brown

Kathleen Mayton

General Counsel

Rollins, Inc.

Michael J. Missal

Partner

K&L Gates

G. Thomas Stromberg

Partner

Kaye Scholer