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This 3.3-hour May 5, 2009 program by James D. Redwood, Esq., gives New York attorneys who create and provide advice about New York business entities, but do not limit their practice to that area, a useful explanation of the statutes and case law governing these entities. Mr. Redwood, Professor of Law at Albany Law School, discusses important developments related to New York Corporations and Limited Liability Companies (LLCs). Topics include: New York Corporations • creation; liability limitations • business judgment rule • shareholder powers and derivative actions • voting agreements versus voting trusts • boards of directors Common Law Corporation Doctrines and Relevant Cases • commission of a tort doctrine • piercing the corporate veil • shareholder agreements in close corporations • breach of fiduciary duty • attorney-client privilege New York LLCs • formation; management • operating agreement • admission of members • liability of members and managers New York Limited Liability Company Law: Applicable Common Law Doctrines • derivative actions by LLC members • pre-filing demand rule • contemporaneous ownership rule • breach of fiduciary duty • commission of a tort doctrine • piercing the veil of limited liability FORMS: For fully-editable downloadable forms in many categories, please go to www.NLFforms.com.
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