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STRUCTURING AND FINANCING CONCERNS FOR LENDERS AND INVESTORS

December 03, 2019 | (1:00pm-2:30pm)
USA (United States of America)
This CLE webinar will discuss the formation and structuring of series LLCs and examine the issues and risks lenders face in loan transactions involving series LLCs, including UCC Article 9, the Bankruptcy Code, and treatment of series LLCs under state statutes. Some people say that a "series" is similar to a subsidiary of the LLC. Perhaps the closest analog is a single LLC with different divisions or lines of business. A series is not a separate legal entity.