Differences in Structuring Delaware v. RULLCA States' LLC Operating Agreements

Corporate attorney Louis Conti will speak at a BARBRI webinar that will address how to draft limited liability company (LLC) operating agreement provisions pertaining to members' and managers' fiduciary duties under Delaware law versus the Revised Uniform Limited Liability Company Act (RULLCA). Mr. Conti will explore how indemnification, exculpation and limitation of liability clauses can be structured to align with differing statutory frameworks, reduce risk and help prevent disputes. Attendees will gain practical guidance on drafting clear, enforceable provisions that allocate duties and liabilities in a way that best protects the LLC and its stakeholders.