LLC Liability vs. Corporation Liability

$195.00

Re-Broadcast on December 29, 2017

Corporations have been around since the 17th century, so they are familiar forms of business organization with a well-developed body of law behind them. The limited liability company, on the other hand, did not come into being as we know it until 1977, so it is the new kid on the block. Although we have a uniform act governing limited liability companies, the law is still developing in some respects, including the law related to liability.

This program will explore the fundamental differences between the corporate structure and the limited liability structure and the difference in governance of the two, which differences have significant impact on liability as applied to each.

Key topics to be discussed:

•   Corporate Structure and Organization
•   LLC Structure and Organization
•   Role of owners in LLCs in contrast to corporations
•   Criteria for maintaining the liability shield for corporations
•   Are there criteria for maintaining the liability shield for LLC’s
•   Piercing the veil of LLCs and corporations
•   Clarification of the Charging Order

Date / Time: December 29, 2017

•  2:00 pm – 4:00 pm Eastern
•  1:00 pm – 3:00 pm Central
•  12:00 pm – 2:00 pm Mountain
•  11:00 am – 1:00 pm Pacific

Choose a format:

•  Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•  On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.

Clear

Kenneth A. Sprang, Esq. is one of the founding partners of Washington International Business Counsel, LLP, in Washington, DC. Mr. Sprang counsels and represents both domestic and international clients in a wide range of corporate, business and transactional matters, as well as in labor and employment, employee benefits and real estate issues. Over the course of his 30 plus year career, Mr. Sprang has practiced with both large and small firms, as well as serving as in house counsel for Fortune 500 companies and as general counsel to smaller companies.

Mr. Sprang began his career with Morgan, Lewis & Bockius, a large, multi-national firm. Subsequently, he served as in house counsel in the legal departments of Calgon Corporation, a former subsidiary of Merck & Co., Inc., and Cyclops Corporation, a Fortune 500 specialty steel manufacturer. Later, Mr. Sprang founded legal departments and served as in-house general counsel for several start-up and other privately-held companies, including a hospital and a web-based company. Mr. Sprang has also spent several years as a full-time law professor, and continues teaching property law and a labor seminar as an Adjunct Professor at Catholic University of America, Columbus School of Law in Washington, D.C.

Mr. Sprang counsels clients in corporate governance; negotiation, drafting, and review of contracts, real estate documents, and other instruments; licensing, trademark registration and similar intellectual property matters; mergers and acquisitions; and federal and state regulatory compliance. He current serves as outside general counsel to several companies, including software developers, a manufacturer of isostatic presses, and a restaurant group.

Mr. Sprang also brings to his clients special expertise in labor and employment law. He represents employers in traditional labor relations matters, as well as in wage and hour, employment discrimination, HR, employee benefits, OSHA, and other issues related to employment. In addition to representing clients in all aspects of U.S. labor and employment law (including specific state laws), he has served on the senior staff of the Chairman of the National Labor Relations Board and taught the subject for many years. He is the author or co-author of several books and articles on labor and employment law and alternative dispute resolution.

CLE Accreditation:
mylawCLE seeks approval in all states except VA.

CLE 2.00 – AK
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CLE 2.00 – AR
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CLE 2.00 – CA
CLE 2.40 – CO
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CLE 2.40 – FL
CLE 2.00 – GA
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CLE 2.00 – IA
CLE 2.00 – ID
CLE 2.00 – IL
CLE 2.00 – IN
CLE 2.00 – KS
CLE 2.00 – KY
CLE 2.00 – LA
CLE 2.00 – ME
CLE 2.00 – MN
CLE 2.40 – MO

CLE 2.00 – MP
CLE 2.00 – MS
CLE 2.00 – MT
CLE 2.00 – NC
CLE 2.00 – ND
CLE 2.00 – NE
CLE 2.00 – NH
CLE 2.40 – NJ
CLE 2.00 – NM
CLE 2.00 – NV

CLE 2.40 – NY
CLE 2.00 – OH
CLE 2.40 – OK
CLE 2.00 – OR
CLE 2.00 – PA
CLE 2.00 – PR
CLE 2.40 – RI
CLE 2.00 – SC
CLE 2.00 – TN
CLE 2.00 – TX

CLE 2.00 – UT
CLE N/A – VA
CLE 2.40 – VI
CLE 2.00 – VT
CLE 2.00 – WA
CLE 2.40 – WI
CLE 2.40 – WV
CLE 2.00 – WY

Accreditation Policy
myLawCLE will seek credit where attending attorneys are primarily licensed for all of its live webinars and live teleconferences, except in states which allow for reciprocity (see reciprocity section below). Credit for CLE in a self-study format is sought for in most states; however, some states do not allow for CLE credit to be earned in a self-study format (see the self-study section below). Many states typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted. For many live events, credit approval is not received prior to the program. Credit hours granted are subject to approval from each state.

Reciprocity
Additionally, some states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, CO, FL, ME, MT, ND, NH, NJ, NY, PR, and SD. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

On-demand CLE
myLawCLE will seek on-demand approval in all states except Virginia and Arkansas (outside reciprocal provisions stated above).


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myLawCLE offers a program and credit approval guarantee. If a registered attendee is unhappy with a CLE program they have attended, myLawCLE will offer that attended access to another complimentary CLE or a full refund in order to insure the attendee’s satisfaction.

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