A Podcast Guest Appearance — Navigating The LLC Jungle
A huge THANK YOU to Ryan Lockhart — an excellent tax and estate planning attorney and podcast host at the McKenna Brink Signorotti LLP law firm in Walnut Creek, California — for having me on the podcast as a guest!
I am a confirmed podcast nerd, listening to (usually non-legal) podcasts during almost every dog walk and garage workout. So this was quite an honor!
In the I Know a Lawyer podcast episode published September 4, 2020 — “Navigating the LLC Jungle, with Kevin Brodehl” — I took Ryan and the audience on a short guided tour of The LLC Jungle, the realm of California legal disputes between limited liability companies, managers, members, and third parties dealing with LLCs.
Topics covered include:
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Business partner disputes and partner compatibility (03:17)
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Importance of well-drafted and customized operating agreements (04:51)
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Different LLC management structures (07:07)
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Member rights (08:43)
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Manager fiduciary duties and potential pitfalls (12:32)
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Conflicts regarding authority (be careful with “co-managers”!) (17:43)
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Dissolution of the LLC (“business divorce”) and buyouts (20:23)
Maybe one day the inspiration will come to start The LLC Jungle podcast….