Description
Understand the causes and consequences of deadlocks and gain a comprehensive overview of how careful structuring and drafting can prevent one.Drafters of operating agreements often overlook the critical importance of drafting with a focus on management, voting, and transfer provisions. Failing to address these elements can result in a deadlock, jeopardizing the company’s future and relationships among members. A deadlock can lead to lengthy and expensive litigation or arbitration and, in some cases, may result in the dissolution of the company.This presentation will cover the causes and consequences of deadlocks and provide a comprehensive overview of how careful structuring and drafting can prevent one. Attendees will gain practical insights into resolving deadlocks efficiently, including various strategies tailored to different scenarios. This webinar is ideal for business owners and legal professionals drafting or advising on operating agreements.
Date: 2024-12-11 Start Time: End Time:
Learning Objectives