Product Description

LLCs and corporations are two very common forms of entity—with LLCs often being the go-to choice to limit liability. But increasingly there are times when courts actively determine to disregard the corporate shield. Hear the expert panelists explain how to set up and operate an LLC and corporation to minimize the likelihood of exposure. They also take you step-by-step through the factors and considerations at play when attempting to pierce the veil in litigation. A review of recent cases in a variety of contexts provides litmus tests and helps illustrate the scenarios where penetration of the corporate form was achieved.

As Benjamin Franklin once aptly said, “An ounce of prevention is worth a pound of cure.” Join us online to become or remain fluent in the protective and piercing strategies your clients depend upon you to know.

Agenda & Materials

• Purpose of the Corporation; Overview of Asset Protection

• Overview of the Structure of LLCs and Corporations

• Choice of Entity Considerations

• Setting Up and Operating the LLC and the Corporation to Minimize Exposure

• Factors Courts Consider When Treating a Member as the Alter Ego of a Single Member LLC

• Factors Courts Consider When Piercing the Corporate Veil

• Evolving Trends and Key Cases Where Courts Pierced the LLC and Corporate Veils

• Strategies for Collecting on the Court’s Judgment Once the Veil Has Been Pierced and—Reaching Protected Assets

• "Ask the Experts" Q&A Session and Key Takeaways

Special Program Materials:

• A Practical Guide to Massachusetts Limited Liability Companies

Please Note

MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.

Chair

Faculty

Fees

• $157.50 - MCLE Sponsor Member
• $87.50 - New Lawyer
• $87.50 - Pending Admittee
• $87.50 - Law Student
• $87.50 - Paralegal
• $175.00 - All Others

To apply for a need-based scholarship for this program, email scholarships@mcle.org.

Available FREE with an MCLE OnlinePass^® subscription.