eCourse
Using "Units" to Describe Member Interest in an LLC or Limited Partnership
Contains material from Aug 2018
Using "Units" to Describe Member Interest in an LLC or Limited Partnership
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Good -- would have liked more time and detail on the subject
Would have appreciated more elaboration on the Treasury Units section.
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Review the differing meanings of the term “units” when describing some or all of a member’s interest in an LLC or limited partnership. Consider the questions of whether a “unit” is equivalent to a “membership interest” or merely a way of determining a voting and sharing ratio, and when “units” are fungible like shares of stock.
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Units: Less There Than Meets the Eye (Aug 2018)
Cliff Ernst, Robert R. Keatinge
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Session 1
—31 mins
Units: Less There Than Meets the Eye (Aug 2018)
Review the differing meanings of the term “units” when describing some or all of a member’s interest in an LLC or limited partnership. Consider the questions of whether a “unit” is equivalent to a “membership interest” or merely a way of determining a voting and sharing ratio, and when “units” are fungible like shares of stock.
Originally presented: Jul 2018 LLCs, LPs and Partnerships
Cliff Ernst,
McGinnis Lochridge - Austin, TX
Robert R. Keatinge,
Holland & Hart LLP - Denver, CO