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Wednesday, February 6, 2019, 1:00-2:00pm

Planning for an LLC’s eventual liquidation can be as important as formation.

Well planned and efficient liquidations help LLC members preserve value. Messy liquidations are costly and rapidly diminish value.

Whether triggered by a provision in a buy/sell agreement or on the basis of a statutory provision, liquidations are a process of marshaling assets, providing a variety of notices, satisfying debts and other liabilities, and eventually liquidating distributions to LLC members.

When planned and managed effectively, the process can preserve substantial value for clients.

This program provides a practical guide to liquidations of LLCs.

  • Statutory bases for voluntary LLC dissolution and how they are triggered by members
  • Judicial/non-voluntary bases for LLC dissolution
  • Planning for eventual dissolution of an LLC in buy/sell agreements
  • Process of dissolution, winding up and termination – and practical consequences of each step
  • Drafting statements of dissolution
  • Summary of tax consequences of distributions of various type of property

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

Product Information
Date Presented:
February 06, 2019 1:00 PM Eastern
1 hour
Registration Fee:
Liquidation: Legal Issues When a Client Decides to Close a Business | Live Replay from October 25, 2018 | Phone/Audio Streaming

All Attendees: $80

Early discount and CLE Premier Pass rates are not available for this program. 

Speaker Information
Herrick K Lidstone Jr   [ 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