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Phone/Audio Streaming 

Thursday, January 18, 2018

Program: 1:00-2:00p

Click on the "In Depth" tab for tuition and speaker information.

A client investment in an operating business, particularly a minority stake, is only as good as its liquidity. If a client cannot readily sell his or her ownership stake at fair market value, it has little real value.

The key to ensuring liquidity is contractually creating a private market for the ownership stake.

This market can come in the form of requiring other stakeholders, including a majority owner, to buy the minority stake at a mutually agreeable price, or providing other mechanisms for selling the stake to third party buyers.

Without these contract rights, a stakeholder has no liquidity and is stuck.

This program provides a practical to planning and drafting contractual liquidity rights in closely held companies.

  • Planning and drafting liquidity rights in closely held companies
  • Counseling clients about the limitations and risks of liquidity in closely held companies
  • Framework of alternatives for determining most appropriate liquidity rights
  • Texas standoff/Russian roulette – opportunities, risks and tradeoffs
  • Drafting “tag-along” and “drag-along” rights – practical uses and drawbacks
  • Understanding how to think about valuing closely held ownership stakes
Product Information
Date Presented:
January 18, 2018 1:00 PM Eastern
1 hour
Registration Fee:
I Want Out, Too: Russian Roulette/Stand-off and Tag-along Rights in Business Transactions | Phone/Audio Streaming

Program Information and Tuition: 

  • Program time and length: 1:00-2:00p EST (1 hour per program)
  • What is a Phone/Audio Streaming Seminar?
  • Phone/Audio Streaming seminars do not count against the State Bar's six-hour credit limit (per credit year) for computer-based CLE.
  • The instructions and materials are posted under "My Courses". 
  • Passports are not accepted for Phone/Audio Streaming seminars.
  • Co-Sponsored with Webcredenza
NCBA Member $80
Non-Member $80


Speaker Information
Allen Sparkman   [ view bio ]
Individual topic purchase: Selected
NC State Bar
Mandatory Continuing Legal Education (MCLE) and Certified Paralegal Education (CPE) (Total): 1.00
CLE Premier Pass