This course will focus on issues and transactions involving multiple owners of closely-held businesses, including governance, ownership allocation, ownership transfer/buy-outs, financing and business sale. Various related agreements will be examined including limited liability operating agreements, stockholder agreements, buy-sell agreements, bank loan agreements, and employment agreements. Real-world problems will be discussed and simulated negotiations conducted in a number of the classes.
All registrants should have successfully completed the class on Business Associations. If the class limit of 20 students has not been reached consideration will be given to students taking Business Associations concurrently with this class.