Powers and Pitfalls: Governance Structure and Disputes involving Alternative Entities

Date of Event

2-13-2025

Description

Much is taught and commonly known in the legal field about the organization and structuring of traditional corporations. In today’s legal landscape however, “alternative entities” (any legal entity other than a corporation) make up the vast majority of entities being formed in the United States, making a working knowledge of how one might organize and structure the governance of these entities a valuable commodity.

In this panel, Jayne Juvan, Chris Hewitt and Dan Schiau will discuss possibilities for organizing alternative entities, focusing primarily on limited liability companies and partnerships. They will provide an overview of fiduciary duties (including contractual governance provisions), and pull from their experience to explain how disputes commonly arise between majority and minority interest holders. The intent is to provide law students and practitioners with practical takeaways that they can use to negotiate partnership or operating agreements and attempt to avoid disputes that might arise.

Subject Headings

governance structure; alternative business entities

Document Type

Video

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