Signing an LLC company agreement is usually a precondition to investing or joining management in a privately-held company. But even the most sophisticated businessmen often have little sense of what to look for or how its provisions could hurt them.
Please join our webinar to understand better how to identify the pitfalls within the wording of a private company operating agreement, before you sign!
"Business Divorce” Attorney John Tancabel will discuss specific language within Operating Agreements that could make or break the successful outcome of private deal, pertaining to:
Structuring the Exit Strategy – you can be held captive without Contractual Exit Rights.
Being prepared for a Forced Sale Event – avoid being forced to sell (often at a discount) due to certain events.
Identifying Fiduciary Duty Limitations – identifying fiduciary duty limitations that can benefit/protect the majority owner in a business dispute.
As well as several issues to be aware of when signing an operating document.
Meet the Speakers:
John A. Tancabel
Of Counsel, Squire Patton Boggs
President of Risk Management, Delos Capital Advisors
John Tancabel is a trial lawyer who handles high-stakes, complex business disputes in state and federal court as well as in arbitration. John has extensive experience representing owners of privately held companies in disputes with their co-owners, including asserting and defending fiduciary duty, fraud, breach of contract, and securities-related claims. Additionally, he has significant experience in multijurisdictional matters and in defending class action claims and has helped defeat class certification in many cases.
Joe Connolly is the President of Risk Management at Delos Capital advisors. Mr. Connolly is responsible for Conducting risk assessments, collecting and analyzing documentation, statistics, reports, and market trends. Furthermore, he has experience with Financial planning, using financial statements and legislation to develop financial plans to maximize profitability or reduce debts, and researching investment opportunities for clients.