Successfully manage legal entities by learning the essentials of legal entity corporate governance.
Paralegals who work in a company's Office of the Corporate Secretary of a corporation that has various types of subsidiary corporations will learn the importance of ensuring the corporate governance for each of the subsidiaries is done properly and in compliance with relevant corporate laws. Focus on corporate governance at the subsidiary level for domestic and foreign legal entities is critical but often neglected. This material will sensitize those who are responsible for subsidiary legal entity corporate governance to the need to attend to the relevant details on a continuous basis.
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Why Lorman?
Over 37 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
Different Types of Legal Entities
- Corporations
- Limited Liability Companies
- Partnerships
Governing Documents for Different Types of Legal Entities
Place of Legal Entity Formation
Required Corporate Filings
Initial Organizational Meetings
Selection of Directors and Officers
Dissolution of Subsidiaries
Role of the Subsidiary Board vs. the Role of the Parent Board
- General Principles
- Subsidiary Board Structure
- Subsidiary Board Composition
Risk Management Responsibilities
Minimizing Liability Risks
Protecting the Parent Company's Corporate Veil
Proper Oversight of Subsidiaries
Use of Corporate Governance Service Providers
Use of Technology
Three Models of Subsidiary Governance
The Role of the Corporate Secretary
Focus on Increased Controls
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Why Lorman?
Over 37 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 March 31, 2020.
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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Why Lorman?
Over 37 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
Paul Marcela
Governance Partners Group, LLC
- President of Governance Partners Group, LLC
- Professional focus is exclusively in the corporate governance arena
- Governance Partners Group specializes in providing external corporate secretary and related corporate governance services to companies and other organizations that seek to outsource all or a portion of their Office of the Corporate Secretary operations
- Served the Society for Corporate Governance as chair of the Society’s Private Companies Committee, 2013-2016, and a member of the Society’s national Board of Directors, 2009-2013
- Serve Private Directors Association as vice president and corporate secretary
- J.D. degree, Case Western Reserve University; M.B.A. degree, Central Michigan University; B.S. degree, Allegheny College
- Can be contacted at 770-815-4445 or [email protected]
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Why Lorman?
Over 37 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.
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