COURSE DESCRIPTION
- Fiduciary duties in closely held corporations and LLCs
- Corporate fiduciary duties and standards of review—duty of loyalty and duty of care
- Conflicts of interest and self-dealing issues in closely held corporations
- Fiduciary duties in LLCs—standards set by contract and by law
- Which duties may be modified or eliminated—and which may not
- How the corporate and organizational opportunity doctrines work in closely held companies.
Speaker:
Frank Ciatto is a partner in the Washington, DC, office of Venable LLP, where he advises clients on mergers and acquisitions, limited liability companies, tax and accounting issues, and corporate finance transactions. He is a leader of his firm’s private equity and hedge fund groups and a member of the ABA Business Law Section Mergers & Acquisitions Subcommittee. He is also a Certified Public Accountant. James DePaoli is an attorney in the Washington, DC, office of Venable LLP, where his practice focuses on corporate and commercial matters. He represents clients in the acquisition and disposition of assets and securities, mergers, and other business combinations and reorganizations.