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Courses/Law/Business/ Corporate Law

Protecting Assets Through LLCs: Legal Doctrines and Case Law

Essential Strategies for Drafting, Amending, and Navigating Legal Complexities in LLC Management and Compliance.

Created byMichael Gorby
4.3
(84 reviews)
BeginnerUpdated Jul 13, 2024
Protecting Assets Through LLCs: Legal Doctrines and Case Law

What You'll Learn

check_circleUnderstand the essential components and inquiries of LLC operating agreements.
check_circleLearn the process and implications of revising and amending LLC operating agreements.
check_circleComprehend the requirements and impacts of the Corporate Transparency Act on LLCs.
check_circleAnalyze the legal doctrines of veil piercing and alter ego in the context of LLCs.
check_circleExamine real-world case studies to understand judicial considerations in LLC disputes.
check_circleImplement advanced asset protection strategies to safeguard LLC assets.
check_circleNavigate the complexities of charging orders and creditor rights in various jurisdictions.
check_circleAddress specific legal and operational issues related to single-member LLCs.
check_circleExplore the dissolution process and post-dissolution considerations for SMLLCs.
check_circleDevelop strategies to avoid personal liability and maintain LLC compliance.

About This Course

This comprehensive course, "Protecting Assets Through LLCs: Legal Doctrines and Case Law," provides a deep dive into the complexities of Limited Liability Companies (LLCs) and the legal frameworks that govern them. Participants will explore essential aspects of LLC operating agreements, amendments, and the critical doctrines of veil piercing and alter ego. Through detailed analysis and real-world case studies, the course offers invaluable insights into asset protection strategies, the impact of the Corporate Transparency Act, and the nuances of single-member LLCs (SMLLCs). This course is ideal for legal professionals, business owners, and anyone interested in the intricate legalities of LLCs.


List of Course Topics Covered:

  • Essential Operating Agreement Inquiry
  • Revising and Amending Operating Agreements
  • Reasons to Amend an LLC Agreement
  • Implementing and Drafting Amendments
  • Corporate Transparency Act and Beneficial Ownership Information
  • Understanding Beneficial Ownership
  • Reporting Requirements and Compliance Timeline
  • LLC Veil Piercing and the Alter Ego Doctrine
  • Factors for Court Consideration in Veil Piercing
  • Case Study: Segal v. Forastero Inc.
  • Avoiding Veil Piercing in LLCs
  • Advanced Asset Protection Strategies
  • Charging Orders and Creditor Rights
  • Jurisdictional Issues with Charging Orders
  • Asset Protection Issues with LLCs
  • Single Member LLC (SMLLC) Specific Issues
  • SMLLC and Charging Orders: Jurisdictional Variations
  • SMLLC in Bankruptcy Context
  • Piercing the Corporate Veil for SMLLCs
  • Dissolving Single Member LLCs
  • Post-Dissolution Liabilities and Considerations

    • Your Instructor

    Michael Gorby
    Michael Gorby

    Owner, Gorby Peters & Associates, LLC

    menu_book2 courses
    star173 reviews

    Mike Gorby is a nationally recognized leader in complex insurance coverage disputes, professional negligence cases, and liability issues that arise for property owners and managers, such as hotel chains, restaurants, shopping centers, apartment complexes, office buildings, and other public venues. Since 1998, Mike has served as the Program Chair for the Institute of Continuing Legal Education in Georgia (an affiliate of the University of Georgia) on the topic of Premises Liability. He is also the author of a popular legal treatise, PREMISES LIABILITY IN GEORGIA, which was first published in 1998 by the Harrison Company (now Thomson Reuters/West) and which is now in its Second Edition. Mike has tried cases around the country on behalf of plaintiffs and defendants in complex commercial cases, professional negligence cases, and catastrophic injury and death cases. Mike is also a certified mediator. Before attending law school, Mike served as Artillery Officer with the U.S. Army. Mike has been an instructor in over 50 legal webinars on behalf of national CLE companies. Specialties: Premises Liability, Professional Liability and Health Care Litigation, Insurance Coverage, Commercial Disputes, Franchisor-Franchisee Disputes, Trucking Regulation and Litigation.

    Credit Information

    What Students Are Saying

    4.3
    Student's Choice
    84 reviews

    Frequently Asked Questions

    We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.