You are Currently Visiting The NCBA CLE Online Catalog & Learning Portal

Wednesday, January 15, 2020, 1:00-2:00pm

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 the majority owner, to buy the minority stake at a mutually agreeable price, or creating other mechanisms for selling the stake to third parties. 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" or "Russian roulette" – opportunities, risks and tradeoffs
  • Drafting "tag-along" and "drag-along" rights – practical uses and drawbacks
  • How to think about valuing closely held ownership stakes

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

Product Information
Date Presented:
January 15, 2020 1:00 PM Eastern
Length:
1 hour
Registration Fee:
Free
"I Want Out!": Exit Rights in Business Agreements | Phone/Audio Streaming
TUITION RATE.    

All Attendees: $80


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

FACULTY.   
Speaker Information
Frank Ciatto   [ view bio ]
Individual topic purchase: Selected
NC State Bar
Mandatory Continuing Legal Education (MCLE) and Certified Paralegal Education (CPE) (Total): 1.00
Questions?
CLE Premier Pass