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OnDemand Course

LLCs: Recent Developments and Current Issues in Florida

Are you ready for the Florida LLC changes that take effect January 2015? Attend this ondemand webinar to find out everything you need to know.

The 2013 Florida Revised Limited Liability Company Act and the so-called Olmstead Patch statutes have rewritten the rules for LLCs in Florida. Attend this ondemand webinar and learn how to structure LLCs to meet the requirements of the new law. Learn when LLC assets are directly at risk of seizure and sale by creditors of the member/owner under the Olmstead Patch. Gain a better understanding of current techniques for allocating profits among common and preferred investors and the sponsor and strategies for reducing the tax bill. Attendees can ask questions of senior tax and deal lawyers with extensive experience using LLCs in Florida.

Runtime: 102 minutes
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Major Changes to Florida LLCs Resulting From 2013 Florida Revised LLC Act

  • Nonwaivable Provisions in Operating Agreement
  • Liability of Members and Managers
  • Governance
  • Transferable Interests
  • Indemnification

The Olmstead Patch - Rights of Creditor of the Member to Seize LLC's Assets

Direct and Derivative Actions Under Revised LLC Act

  • Direct Action by Member
  • Derivative Action on Behalf of LLC

Structuring Profits Interests

  • Planning Opportunities to Creatively Share Profits Between Investors and Sponsor
  • Best Practices in Structuring Investor Returns
  • Tax Aspects of Profits Interests

Tax Planning Opportunities

  • Examples of Common Structures
  • Developing Trends in Florida Deals
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More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on October 7, 2014.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Gardner F. Davis – Moderator

Foley & Lardner LLP

  • Partner with Foley & Lardner LLP
  • Practice emphasizes mergers and acquisitions and business reorganization
  • Teaches corporate law and advanced business document drafting on an adjunct basis at the University of Florida Law School
  • Recognized by The Best Lawyers in America every year since 2005 and was named Best Lawyers’ 2013 Jacksonville Corporate Law Lawyer of the Year; listed in Chambers USA: America’s Leading Business Lawyers, 2005 to 2014; named one of Florida Trend Magazine’s Florida Legal Elite; and selected for inclusion in Florida Super Lawyers lists, 2006 to 2014
  • J.D. degree, Duke University; bachelor’s degree, Dartmouth College
  • Can be reached at [email protected] or 904-359-2000

Olin Shivers

Foley & Lardner LLP

  • Partner with Foley & Lardner LLP
  • Practice emphasizes corporate and partnership taxation as well as estate planning and other tax matters
  • Rated the highest performance rating in Martindale-Hubbell Law Directory’s peer review rating system; selected by peers for inclusion in The Best Lawyers in America, 2013 and 2014
  • Admitted to practice in the United States Tax Court
  • LL.M. degree in taxation, New York University; J.D. degree and bachelor’s degree, Vanderbilt University
  • Can be contacted at [email protected] or 813-225-4185
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More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 394347
Published 2014
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Available in Multiple Formats

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