Maxwell Presents on Structuring LLC Operating Agreements

Mike Maxwell presented a CLE webinar titled “Structuring LLC Operating Agreements: Fiduciary Duty, Indemnification, and Exculpatory Provisions” on October 11.

Hosted by Strafford, the program provides corporate counsel with guidance for drafting provisions in LLC operating agreements that clearly define members' and managers' fiduciary duties. The panel also explains how indemnification, exculpation, and limitation of liability clauses can minimize risk.

Maxwell advises clients on matters of Delaware corporate and business law in transactions involving Delaware alternative entities and corporations, including investment and private equity fund transactions, fund formations, joint ventures, cross border transactions, mergers, acquisitions, asset sales and purchases, dissolutions and restructurings. He also represents both lenders and borrowers in a variety of commercial financing transactions, including asset-based financing, real estate mortgage financings and other credit related transactions. He also advises management, boards and special committees of Delaware entities on matters of operation and governance, including with respect to fiduciary duty and contractual interpretation issues. He provides legal opinions on issues of Delaware law in connection with the foregoing.

For more information, visit Strafford’s website.

About Potter Anderson

Potter Anderson & Corroon LLP is one of the largest and most highly regarded Delaware law firms, providing legal services to regional, national, and international clients. With more than 100 attorneys, the firm’s practice is centered on corporate law, corporate litigation, intellectual property, commercial litigation, bankruptcy, labor and employment, and real estate.