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Legal Entity Management for Paralegals

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.

Runtime: 92 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

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 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

MP3 Download

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

OnDemand Webinar

This course was last revised on March 31, 2020.

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

  • NALA 1.52
     
  • This program is applicable for continuing legal assistant education credit. Please check with your accrediting board to see if this course will qualify towards your recertification requirements. Program Length: 1.52 hour(s).
     

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

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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.

Faculty

Paul Marcela

Paul Marcela

Governance Partners Group, LLC

  • President and managing director of Governance Partners Group, LLC
  • Current professional focus is in the corporate governance arena
  • Firm that specializes in providing external chief governance officer 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‚Äôs Private Companies Committee, 2013-2016
  • 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 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.

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

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Product ID: 407214
Published 2020
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