Identify and describe the moving parts of a business deal in ways that will allow your clients to make intelligent decisions about the design of the deal.
I have a mantra. It is that all business deals have to address certain questions: what goes in, what goes out, who calls what shots, what is expected of the parties, and what happens when (not if) the business deal comes to an end. This topic deals mainly with describing what goes out. It touches on the other aspects of the mantra as well and you will recognize and be able to formulate a business deal in terms other than eye of newt, and toe of frog, wool of bat, and tongue of dog. Thus, you will be able to identify and describe the moving parts of a business deal in ways that will allow your clients to make intelligent decisions about the design of the deal.
Agenda
Faculty
Stuart Levine
Law Offices of Stuart Levine, LLC
- Was the chair of the special committee on Limited Liability Companies established by the sections of taxation and business law of the Maryland State Bar Association, which drafted the Maryland Limited Liability Company Act and subsequent amendments thereto; co-chair of the Prototype Drafting Project of the Limited Liability Subcommittee of the committee on partnerships and unincorporated businesses of the A.B.A. Section of Business Law which drafted the Prototype Limited Liability Company Act
- Was also a member of the task force on Limited Liability Companies established by the A.B.A. Section of Taxation and is the past chair of the Subcommittee on Limited Liability Companies and Entity Classification of the committee on partnership taxation of the A.B.A. Section of Taxation
- Had principal drafting responsibility for the comments submitted by the A.B.A. Section of Taxation to the Internal Revenue Service on the entity classification (the “check-the-box”) regulations
- Has written or co-written numerous professional articles, on tax and business topics and is one of the co-authors of the Maryland Limited Liability Company Forms and Practice Manual, published by Data Trace Legal Publishers, Inc
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