eConference

2019 LLCs, LPs, and Partnerships eConference

Contains material from Aug 2019

2019 LLCs, LPs, and Partnerships eConference
4.3 out of 5 stars
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How would you rate the value of the materials provided as part of the course?

Very good program. Very accessible from home office and easy to view and hear. Good choices of presenters.

Good useful course to assist my practice.

Great course. Very informative and of practical use.

Enjoyed the course.

Good, as always. I was somewhat amused that the instructor on the final (technology) session seems to assume any lawyer that was not a milnneal would be technically ignorant. As I would say to her: I was working in IT management at a Fortune 500 company . . . before she was born. LOL And I have generally kept up. That being said, that was substantively a very good session.

Technical Questions?
512.475.6700
service@utcle.org



LLCs, LPs and Partnerships, now in its 28th year, features a distinguished faculty of practitioners and academics covering the latest developments in unincorporated entities, including impacts of recent tax reform legislation and the use of pass-through entities. The program provides great forms, model agreements, coverage of best practices for key clauses and provisions, and analyzes issues faced by practitioners.

Includes: Video Audio Paper Slides


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1. Case Law Update (Aug 2019)

Elizabeth S. Miller, Douglas K. Moll

1.00 0.00 0.00
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(mp4)
67 mins
(mp3)
67 mins
(pdf)
31 pgs
Session 1 —67 mins
Case Law Update (Aug 2019)

A survey of recent Texas cases addressing significant issues (fiduciary duties, piercing the entity veil, and more) in the context of LLCs and partnerships (including limited partnerships and LLPs).

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Elizabeth S. Miller, Baylor Law School - Waco, TX
Douglas K. Moll, University of Houston Law Center - Houston, TX

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2. The Future Isn’t What It Used to Be (Aug 2019)

Trenton Hood

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(mp4)
31 mins
(mp3)
31 mins
(pdf)
9 pgs
Session 2 —31 mins
The Future Isn’t What It Used to Be (Aug 2019)

An update on recent Texas cases concerning charging orders and the effect of those decisions on asset protection and other business planning.

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Trenton Hood, Brookshire Grocery Company - Tyler, TX

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3. Legislative Update (Aug 2019)

Daryl B. Robertson

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(mp4)
41 mins
(mp3)
41 mins
(mp3)
41 mins
(pdf)
15 pgs
(pdf)
17 pgs
Session 3 —41 mins
Legislative Update (Aug 2019)

Hear a summary of non-tax legislation that has been or is expected to be adopted in the 2019 Texas Legislature that affects partnerships and LLCs and selected other entity-related bills.

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Daryl B. Robertson, Hunton Andrews Kurth LLP - Dallas, TX

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4. Texas State Tax Update (Aug 2019)

Danielle Ahlrich

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(mp4)
30 mins
(mp3)
30 mins
(pdf)
16 pgs
(pdf)
12 pgs
Session 4 —30 mins
Texas State Tax Update (Aug 2019)

Learn about recent developments regarding the Texas franchise tax and the Texas sales and use tax. Discuss recent court opinions, important pending litigation, administrative policy developments, and legislative changes. On the franchise tax side, address taxpayers’ ongoing cost of goods sold saga with the Texas Comptroller, as well as the upward tick in apportionment litigation. On the sales and use tax side, discuss updates impacting taxable services and key exemptions.

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Danielle Ahlrich, Martens, Todd, Leonard & Ahlrich - Austin, TX

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5. Ethics of Multi-Party Representation: 2019 (Aug 2019)

William D. Elliott, Karen L. Hart, George W. Coleman

1.00 1.00 0.00
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(mp4)
60 mins
(mp3)
59 mins
(pdf)
75 pgs
(pdf)
16 pgs
Session 5 —60 mins
Ethics of Multi-Party Representation: 2019 (Aug 2019)

In business transactions, especially those involving LLCs and partnerships, the practical reality facing business attorneys involved in transactions is the ubiquity of ethical issues when representing multiple parties. Explore the thorny issues of multiple party representation. 

Originally presented: Jul 2019 LLCs, LPs and Partnerships

William D. Elliott, Elliott, Thomason & Gibson, LLP - Dallas, TX
Karen L. Hart, Bell Nunnally & Martin LLP - Dallas, TX
George W. Coleman, Bell Nunnally & Martin LLP - Dallas, TX

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6. Federal Tax Update (Aug 2019)

William Paul Bowers, Patrick L. O'Daniel

1.25 0.00 0.00
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(mp4)
76 mins
(mp3)
75 mins
(pdf)
51 pgs
Session 6 —76 mins
Federal Tax Update (Aug 2019)

Review legislative, judicial and IRS guidance over the past year as it impacts partnerships and LLCs with a focus on choice of entity, Section 199A deduction, examination provisions, new loss limitation rules and Section 1061 holding period requirements.

Originally presented: Jul 2019 LLCs, LPs and Partnerships

William Paul Bowers, Norton Rose Fulbright - Dallas, TX
Patrick L. O'Daniel, Norton Rose Fulbright - Austin, TX

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7. Carrying On About Carried Interests (Aug 2019)

Dan G. Baucum, William D. Elliott

1.00 0.00 0.00
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(mp4)
53 mins
(mp3)
53 mins
(pdf)
16 pgs
(pdf)
12 pgs
Session 7 —53 mins
Carrying On About Carried Interests (Aug 2019)

Carried interests—also known as profits interests—have been used for decades to motivate and reward key employees, partners and members. The 2017 tax act makes significant changes to the way in which carried interests are taxed. Review current thinking on the use of carried interests, learn cutting-edge techniques for drafting carried interests, and analyze how carried interests are taxed.

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Dan G. Baucum, Daniel Baucum Law PLLC - Frisco, TX
William D. Elliott, Elliott, Thomason & Gibson, LLP - Dallas, TX

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8. Qualified Opportunity Zones (Aug 2019)

Christopher Alan Cunningham, Brandon S. Jones, Kevin Thomason

0.50 0.00 0.00
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(mp4)
31 mins
(mp3)
30 mins
(pdf)
35 pgs
(pdf)
10 pgs
Session 8 —31 mins
Qualified Opportunity Zones (Aug 2019)

Tax reform brought us a new regime for tax-favored investments in qualified opportunity zones, and while the potential benefits are being referred to as “unprecedented,” the rules are still being written. Discuss those benefits, the requirements to obtain them, potential traps along the way, as well as remaining open questions.

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Christopher Alan Cunningham, Elliott, Thomason & Gibson, LLP - Dallas, TX
Brandon S. Jones, Winstead PC - Fort Worth, TX
Kevin Thomason, Elliott, Thomason & Gibson, LLP - Dallas, TX

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9. Fundraising for LLCs and LPs: Securities Law Basics (Aug 2019)

Shana McGirl

0.50 0.00 0.00
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(mp4)
27 mins
(mp3)
26 mins
(pdf)
12 pgs
Session 9 —27 mins
Fundraising for LLCs and LPs: Securities Law Basics (Aug 2019)

A practical discussion of securities law compliance issues, including when a membership or partnership interest is considered a security, and commonly used private offering exemptions. 

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Shana McGirl, McGinnis Lochridge LLP - Austin, TX

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10. The Texas Series LLC Turns 10: A Series of Remaining Questions and Updates on the New Uniform Protected Series Act and Changes in Delaware (Aug 2019)

K. "Andy" Tiwari

0.75 0.00 0.00
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(mp4)
44 mins
(mp3)
43 mins
(pdf)
22 pgs
Slides
(pdf)
6 pgs
Session 10 —44 mins
The Texas Series LLC Turns 10: A Series of Remaining Questions and Updates on the New Uniform Protected Series Act and Changes in Delaware (Aug 2019)

The Texas Series LLC is a great tool for specific situations, but practitioners should be wary of the continuing distinction between an entity and its series. A brief examination of remaining questions and issues practitioners should consider before using a series in Texas and how the series interacts with other areas of law. A Uniform Protected Series Act is making its way through the states and seeks to resolve several of the supposed weaknesses in series law. A brief examination of how Texas compares to the new model code and what practitioners may want to know as more states adopt it. Delaware now allows for the creation of a "registered series." An update for practitioners and a brief examination of whether this might be a solution for open questions in Texas.

Originally presented: Jul 2019 LLCs, LPs and Partnerships

K. "Andy" Tiwari, Tiwari, PLLC - Helotes, TX

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11. Secretary of State Update (Aug 2019)

Briana Godbey

0.75 0.00 0.00
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(mp4)
45 mins
(mp3)
44 mins
(pdf)
59 pgs
(pdf)
15 pgs
Session 11 —45 mins
Secretary of State Update (Aug 2019)

Ever had a document rejected by the Secretary of State? Hear filing tips, do’s and don’ts and learn about other administrative issues that will make you an expert on filing with the Secretary of State.

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Briana Godbey, Office of the Secretary of State - Austin, TX

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12. Issues and Drafting Tips When Owners’ Situations Differ (Aug 2019)

John C. Ale, Frank Z. Ruttenberg

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(mp4)
43 mins
(mp3)
42 mins
(pdf)
13 pgs
Paper
(pdf)
4 pgs
(pdf)
19 pgs
Session 12 —43 mins
Issues and Drafting Tips When Owners’ Situations Differ (Aug 2019)

Partners or LLC members may differ in percentage ownership, financial wherewithal, or knowledge of the business.  Address common mechanisms for protecting rights when the owners’ interests and profiles vary.

 

Originally presented: Jul 2019 LLCs, LPs and Partnerships

John C. Ale, Southwestern Energy Company - Spring, TX
Frank Z. Ruttenberg, Haynes and Boone, LLP - San Antonio, TX

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13. Estate Planner’s Toolbox: The Pass-Through Entity (Aug 2019)

Gene Wolf Jr.

0.75 0.00 0.00
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(mp4)
50 mins
(mp3)
49 mins
(pdf)
251 pgs
Session 13 —50 mins
Estate Planner’s Toolbox: The Pass-Through Entity (Aug 2019)

Focus on the structure and use of business entities in estate planning.

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Gene Wolf Jr., Kemp Smith LLP - El Paso, TX

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14. Drafting Deadlock-Breaking Mechanisms (Aug 2019)

Daniel Bell-Garcia, Ryan Valenza

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(mp4)
42 mins
(mp3)
42 mins
Paper
(pdf)
3 pgs
Paper
(pdf)
5 pgs
(pdf)
8 pgs
Session 14 —42 mins
Drafting Deadlock-Breaking Mechanisms (Aug 2019)

A discussion of buy-sell provisions, put/call options and other deadlock-breaking mechanisms in LLC and partnership agreements. This presentation will provide the practitioner with a framework for avoiding litigation and/or termination when members, managers, and partners fail to agree. 

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Daniel Bell-Garcia, Winstead PC - Austin, TX
Ryan Valenza, Winstead PC - Austin, TX

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15. Ethical Issues Presented by Changing Technology (Aug 2019)

Erreka Campbell, Skyla R. Johnson, Nate St. Clair

1.00 1.00 0.00
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(mp4)
58 mins
(mp3)
57 mins
Paper
(pdf)
1 pgs
(pdf)
15 pgs
Session 15 —58 mins
Ethical Issues Presented by Changing Technology (Aug 2019)

Increasingly technology is integrated into the practice of law. Examine lawyers' current ethical responsibility in relation to the use of technology and how such responsibility may change as technological advances, like artificial intelligence, become more commonplace in the practice of law.

Originally presented: Jul 2019 LLCs, LPs and Partnerships

Erreka Campbell, WeWork - Dallas, TX
Skyla R. Johnson, HSB Solomon Associates, LLC - Dallas, TX
Nate St. Clair, Jackson Walker LLP - Dallas, TX