MINNEAPOLIS
Tuesday, November 18, 2025
9:00 AM - 4:20 PM | Check-In: 8:30 AM
Minnesota CLE Conference Center
600 Nicollet Mall # 370
3rd Floor, City Center
Minneapolis, MN 55402
From formation to dissolution, and everything in between, this program gives you the tools to confidently guide your clients. Learn how to draft effective operating agreements, navigate fiduciary duties, plan for exits, and address contingencies like dissolution and bankruptcy. Plus, stay ahead with the latest case law, legislative updates, and ethical considerations in LLC practice.
Program Highlights Include:
Beyond the Steps:
Bonus Materials for Attendees!
Attendees will receive the following helpful publications for FREE! In-person attendees will receive hard copies of these materials as well as electronic access. Online replay attendees will receive electronic access only.
8:30 – 9:00 a.m.
CHECK-IN & CONTINENTAL BREAKFAST
9:00 – 9:05 a.m.
WELCOME & ANNOUNCEMENTS
5 STEPS
9:05 – 9:55 a.m.
STEP 1 – You Need to Create the LLC
Forming the LLC: Choice of Entity, Articles of Organization, and Start Up Considerations
– James C. MacGillis
9:55 – 10:55 a.m.
STEP 2 – Decide the Governing Rules for the LLC
Drafting Effective Operating Agreements: Key Provisions and Pitfalls
– Allison M. Plunkett
10:55 – 11:05 a.m.
BREAK
11:05 – 11:50 a.m.
STEP 3 – Know the Director and Member Rights, Duties and Responsibilities
6 Hypotheticals to Illustrate Fiduciary Duties in LLCs
– Peter J. McElligott & William R. Paterson
11:50 a.m. – 12:30 p.m.
LUNCH BREAK (on your own)
12:30 – 1:15 p.m.
STEP 4 – Think Long Term
Planning the Future: Estate Planning, Exit Strategies, and Transfers of LLC Interests
– Wynne C. S. Reece
1:15 – 1:55 p.m.
STEP 5 – Think About Contingencies If Things Don’t Work Out
When Things Fall Apart: Dissolution, Receivership, and Bankruptcy in LLCs
– Karl J. Johnson & Nauni J. Manty
BEYOND THE STEPS
1:55 – 2:40 p.m.
A Focus on Minority Owner Rights
A Comparative Look at Minority Owner Rights Under Minnesota and Delaware LLC Law
– Janel M. Dressen & Wallace G. Hilke
2:40 – 2:50 p.m.
BREAK
2:50 – 3:35 p.m.
Stay Up to Date with LLC Law in Minnesota
2025 Case Law and Legislative Update
– Kimberly A. Lowe & Patrick H. O’Neill, III
3:35 – 4:20 p.m.
Ethics and LLCs
Ethical Rules Specific to LLCs
0.75 ethics credit applied for
– Jennifer S. Bovitz & Charles E. Jones
LIVE IN-PERSON
Tuesday, November 18, 2025
Minnesota CLE Conference Center
600 Nicollet Mall, Suite 370
Seventh Street & Nicollet Mall, Third Floor City Center
Minneapolis, Minnesota
ONLINE REPLAYS
Wednesday, December 3, 2025
Friday, December 12, 2025
Attend online
A moderator will be available to answer questions by email.
$295 MSBA members / $295 paralegals / $345 standard rate
Other discounts that may apply:
Scholarships available!
Need-based scholarships are available for in-person and online seminars. For further information or to obtain a scholarship application, contact us at 800-759-8840 or customerservice@minncle.org.
Minnesota CLE is applying to the Minnesota State Board of CLE for 6.25 CLE credits, including 0.75 ethics credit. The maximum number of total credits attendees may claim for this program is 6.25 credits.