LexisNexis®
University

First State Update:Case Law Developments and Updates to Delaware's LLC Act

Run Time
60 Minutes
Presenter(s)
Matthew O'Toole, Christopher Kelly, Matthew Maxwell
Class Type
On-Demand Training
Content Provider
LexisNexis

Price $139.00

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Description

The Delaware LLC continues to be one of the most flexible type of business entities globally. Take a detailed look at the 2016 amendments and updates to the Delaware Limited Liability Act. Inform and advise your clients looking to make the most of Delaware’s limited liability company statues with the most up-to-date information in your repertoire. Matthew J. O’Toole, Christopher Kelly and Michael P. Maxwell of Potter Anderson & Corroon.

LLP share their insights, outline associated case law, and discuss amendments to the act. O’Toole is a senior legal advisor to CSC and LexisNexis for their joint publications, as well as co-author of the detailed guide on the subject, Symonds & O'Toole on Delaware Limited Liability Companies, Third Edition. O'Toole is intimately involved in developing and updating the Delaware Limited Liability Act. The presentation is organized around the following learning objectives:

  • Understanding the impact of recent case law developments since the last update to the Delaware Limited Liability Company Act
  • Exploring the 2016 amendments to the Act including the impact on service of process, debts, elimination of an affirmative vote, written consent requirements, approval of company matters, right of assignee to become a member, and effective date.
State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved1.00General12/31/2018
AlaskaApproved1.00GeneralOn-going
ArizonaApproved1.00GeneralOn-going
CaliforniaApproved1.00Participatory11/27/2021
ColoradoApproved1.00General11/27/2021
ConnecticutApproved1.00General11/27/2021
FloridaApproved1.00General01/01/2019
GeorgiaApproved1.00GeneralOn-going
IdahoApproved1.00General11/27/2021
IllinoisApproved1.00General05/19/2019
MinnesotaApproved1.00General06/15/2019
MissouriApproved1.20GeneralOn-going
MontanaApproved1.00General12/31/2018
NevadaApproved1.00General05/31/2020
New HampshireApproved1.00General11/27/2019
New JerseyApproved1.20General11/27/2021
New MexicoApproved1.00General11/27/2021
New YorkApproved1.00SkillsOn-going
North CarolinaApproved1.00General12/31/2018
North DakotaApproved1.00GeneralOn-going
OregonApproved1.00General05/31/2020
PennsylvaniaApproved1.00General05/18/2019
UtahApproved1.00General12/31/2018
VermontApproved1.00GeneralOn-going
VirginiaApproved1.00General10/31/2019
WashingtonApproved1.00General11/27/2021
West VirginiaApproved1.20GeneralOn-going
WisconsinApproved1.00General12/31/2018