Document Type
Book
Publication Title
Research Handbook on Partnerships, LLCs and Alternative Forms of Business Organizations
Abstract
Issues relating to fundamental changes in LLCs — matters such as amendments to organizational documents, mergers, conversions, domestications, and dissolutions — have received little consideration in the law literature. While they are regular occurrences in the lifecycle of a firm, they are not in front of an LLC’s management or legal counsel every day. Having said that, they are critically important aspects of the law governing LLCs, especially in transformative times. This draft book chapter, written for the forthcoming Research Handbook on Partnerships, LLCs and Alternative Forms of Business Organizations (Robert W. Hillman & Mark J. Loewenstein eds., Edward Elgar Publishing, forthcoming 2015), reviews the current state of fundamental change doctrine in the LLC form in the United States, collects and describes key observations on the current (and continually evolving) U.S. laws governing these important transactions, and draws related summary conclusions.
First Page
1
Last Page
36
Publication Date
10-21-2014
Recommended Citation
Heminway, Joan MacLeod, Fundamental Changes in the LLC: A Study in Path-Divergence and Convergence (September 1, 2014). Research Handbook on Partnerships, LLCs and Alternative Forms of Business Organizations, (Robert W. Hillman & Mark J. Loewenstein eds., Edward Elgar Publishing, 2015, Forthcoming), University of Tennessee Legal Studies Research Paper No. 252, Available at SSRN: https://ssrn.com/abstract=2504209