Drafting Delaware Limited Liability Company Agreements: Forms and Practice Manual

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Aspen Publishers Online, 2009 - Law - 1048 pages
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Drafting Delaware LLC Agreements: Forms and Practice Manual provides a comprehensive and sophisticated analysis of the Delaware Limited Liability Company Act from an entity formation viewpoint and sets forth extensive practical guidelines for lawyers planning, negotiating and drafting Delaware LLC agreements. Among other features: The book exhaustively identifies the definitional, mandatory, default and permissive provisions critical in forming Delaware LLCs, and it addresses in detail the more important of these provisions. It contains detailed criteria and practical examples for use in choosing among Delaware LLCs and other types of Delaware entities, including limited partnerships and corporations, In business entity formations (“non-tax choice of entity”). To the authors’ knowledge, it provides the most complete analysis of the series LLC provisions of the Delaware Act currently available in LLC literature. It provides in digital form model LLC agreements that address all of the various ownership structures, management structures and tax structures that Delaware LLC formation clients may need—a total of nine agreements for single-member LLC s and 33 for multi-member LLCs. Finally, The book contains plain-English explanations for lawyers who are not tax specialists concerning all principal federal and state tax issues likely to be important to Delaware entity formation clients. A CD containing customizable agreements, For ease of use, along with the full text of the Delaware Limited Liability Company Act is included with your purchase! SPECIAL OFFER… Get the latest monthly edition of Drafting Delaware LLC Agreements: Forms and Practice Manual E-Newsletter. Download your FREE E-Newsletter NOW ! The co-authors of the book and E-Newsletter are John M. Cunningham, The author of Drafting Limited Liability Company Operating Agreements (Aspen Publishers), The leading generic (i.e., non-state specific) LLC form book and practice manual; and Vernon R. Proctor, a partner and co-founder of Proctor Heyman LLP, a Wilmington, Delaware business litigation law firm. Mr. Proctor is a member of the Delaware State Bar Association committee that annually updates the Delaware LLC Act And The other Delaware “alternative entity” statutes .
 

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Contents

I
xlvii
II
1-1
III
1-3
IV
1-4
V
1-5
VI
1-7
VIII
1-18
IX
1-20
CLXXIX
9-16
CLXXX
9-18
CLXXXI
9-19
CLXXXIII
9-20
CLXXXV
9-21
CLXXXVII
9-22
CLXXXIX
9-23
CXC
9-25

X
2-1
XI
2-5
XII
2-6
XIII
2-9
XV
2-10
XVI
2-11
XVIII
2-12
XIX
2-13
XX
2-14
XXI
2-15
XXIII
2-16
XXIV
2-17
XXV
2-18
XXVI
2-19
XXVII
2-20
XXIX
2-21
XXXI
2-22
XXXII
2-23
XXXIII
2-24
XXXIV
2-28
XXXV
2-32
XXXVI
2-35
XXXVII
3-1
XXXVIII
3-3
XXXIX
3-4
XL
3-6
XLI
3-9
XLII
3-10
XLIII
3-11
XLIV
3-12
XLV
3-13
XLVI
3-16
XLVII
3-20
XLVIII
3-23
XLIX
3-24
L
3-27
LI
3-28
LII
3-30
LIII
3-32
LIV
3-33
LV
3-35
LVI
4-1
LVII
4-3
LIX
4-5
LX
4-6
LXI
4-7
LXII
4-9
LXIII
4-11
LXIV
4-12
LXV
4-14
LXVI
4-19
LXVII
4-20
LXVIII
5-1
LXIX
5-3
LXX
5-5
LXXII
5-6
LXXIV
5-7
LXXV
5-8
LXXVI
5-9
LXXVII
5-10
LXXVIII
5-11
LXXIX
5-12
LXXXI
5-13
LXXXII
5-14
LXXXIII
5-17
LXXXIV
5-22
LXXXV
6-1
LXXXVI
6-5
LXXXVII
6-7
LXXXVIII
6-9
LXXXIX
6-10
XC
6-11
XCI
6-12
XCII
6-13
XCIII
6-14
XCIV
6-15
XCV
6-16
XCVI
6-17
XCIX
6-18
C
6-21
CII
6-22
CIII
6-23
CIV
6-24
CV
6-25
CVI
6-27
CVIII
6-30
CIX
6-32
CX
6-33
CXI
6-35
CXII
6-37
CXIV
6-39
CXV
6-40
CXVI
6-41
CXVII
6-43
CXVIII
6-99
CXIX
6-103
CXX
6-117
CXXI
6-140
CXXII
6-157
CXXIII
6-164
CXXIV
7-1
CXXV
7-3
CXXVI
7-4
CXXVII
7-5
CXXIX
7-6
CXXX
7-14
CXXXI
7-15
CXXXII
7-17
CXXXIII
7-18
CXXXIV
7-19
CXXXV
7-20
CXXXVI
7-24
CXXXVII
7-25
CXXXVIII
7-34
CXXXIX
7-35
CXL
7-123
CXLI
7-129
CXLII
8-1
CXLIII
8-3
CXLIV
8-4
CXLV
8-7
CXLVI
8-8
CXLVII
8-9
CXLIX
8-10
CL
8-11
CLI
8-12
CLIII
8-13
CLIV
8-15
CLV
8-18
CLVI
8-20
CLVII
9-1
CLVIII
9-5
CLIX
9-6
CLX
9-7
CLXII
9-8
CLXIII
9-9
CLXIV
9-10
CLXVI
9-11
CLXVIII
9-12
CLXXII
9-13
CLXXIV
9-14
CLXXVI
9-15
CXCI
9-26
CXCII
9-28
CXCIII
10-1
CXCIV
10-3
CXCVI
10-4
CXCVIII
10-5
CXCIX
10-6
CC
10-7
CCII
10-8
CCIII
10-10
CCIV
10-11
CCV
11-1
CCVI
11-3
CCVIII
11-5
CCX
11-7
CCXI
12-1
CCXII
12-3
CCXIII
12-6
CCXIV
12-10
CCXV
12-11
CCXVI
12-12
CCXVII
12-14
CCXVIII
12-15
CCXX
12-16
CCXXI
12-18
CCXXII
12-19
CCXXIII
12-21
CCXXIV
13-1
CCXXV
13-3
CCXXVI
13-4
CCXXVII
13-7
CCXXVIII
13-9
CCXXX
13-10
CCXXXI
13-13
CCXXXII
14-1
CCXXXIII
14-3
CCXXXIV
14-5
CCXXXV
14-7
CCXXXVI
14-8
CCXXXVII
14-14
CCXXXVIII
14-17
CCXXXIX
14-18
CCXLI
14-19
CCXLII
14-21
CCXLIV
14-22
CCXLV
14-24
CCXLVI
14-27
CCXLVIII
14-28
CCXLIX
14-31
CCLI
14-34
CCLII
14-36
CCLIII
14-39
CCLIV
15-1
CCLV
15-3
CCLVI
15-4
CCLVII
16-1
CCLVIII
16-3
CCLIX
16-6
CCLX
16-8
CCLXI
16-10
CCLXII
16-11
CCLXIII
16-13
CCLXIV
16-16
CCLXV
16-17
CCLXVI
16-20
CCLXVII
16-22
CCLXVIII
16-24
CCLXX
16-28
CCLXXI
16-34
CCLXXII
16-46
CCLXXIII
16-49
CCLXXIV
16-52
CCLXXV
17-1
CCLXXVI
17-3
CCLXXVII
17-5
CCLXXVIII
17-7
CCLXXIX
17-11
CCLXXX
17-13
CCLXXXI
17-16
CCLXXXII
17-19
CCLXXXIII
17-23
CCLXXXIV
17-24
CCLXXXV
17-27
CCLXXXVI
17-28
CCLXXXVII
17-34
CCLXXXVIII
17-36
CCLXXXIX
17-38
CCXC
18-1
CCXCI
18-3
CCXCII
18-6
CCXCIII
18-7
CCXCIV
18-9
CCXCV
18-10
CCXCVI
18-12
CCXCVII
18-13
CCXCVIII
18-15
CCXCIX
18-17
CCC
18-18
CCCI
18-19
CCCII
18-20
CCCIII
18-22
CCCIV
18-23
CCCV
18-24
CCCVI
18-25
CCCVII
18-26
CCCVIII
18-28
CCCIX
18-30
CCCX
19-1
CCCXI
19-3
CCCXII
19-4
CCCXIII
19-8
CCCXIV
19-10
CCCXV
19-13
CCCXVI
19-20
CCCXVII
19-31
CCCXVIII
19-51
CCCXIX
20-1
CCCXX
20-3
CCCXXI
20-4
CCCXXII
20-7
CCCXXIII
20-9
CCCXXV
20-10
CCCXXVII
20-11
CCCXXIX
20-13
CCCXXXI
20-14
CCCXXXIII
20-15
CCCXXXIV
20-16
CCCXXXV
21-1
CCCXXXVI
21-3
CCCXXXVII
21-5
CCCXXXVIII
21-8
CCCXXXIX
22-1
CCCXL
22-3
CCCXLI
22-4
CCCXLII
22-5
CCCXLIII
22-10
CCCXLIV
22-13
CCCXLV
22-14
CCCXLVI
22-16
CCCXLVII
22-17
CCCXLVIII
I-1
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