THE MINNESOTA LLC TOOLKIT
Live In-Person Seminar
ITEM #:  1052462601   |   EVENT CODE:  539110
MEMBER PRICE
$295.00
STANDARD PRICE
$345.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.

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

The Minnesota LLC Toolkit

A Step-by-Step Guide to the Life Cycle of an LLC

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:

  • Step One: Creating the LLC
  • Step Two: Drafting The Operating Agreement
  • Step Three: Understanding Fiduciary Duties
  • Step Four: Planning for the Future 
  • Step Five: Addressing Contingencies


Beyond the Steps:

  • Minority Owner Rights in Minnesota vs. Delaware 
  • 2025 Case Law and Legislative Updates
  • Ethical Rules Specific to LLCs


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.

  • Forming a Minnesota Limited Liability Company Under Minnesota Statutes Chapter 322C Summary Guide
  • Manager-Managed LLC Operating Agreement InFORMed: Annotated Legal Documents
  • Board-Member Managed LLC Operating Agreement InFORMed: Annotated Legal Documents
  • Single-Member Managed LLC Operating Agreement InFORMed: Annotated Legal Documents

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.

MEMBER PRICE
$295.00
STANDARD PRICE
$345.00
MSBA MEMBER, NEW LAWYER, AND OTHER DISCOUNTS, IF APPLICABLE, WILL BE APPLIED DURING CHECKOUT.
ADDITIONAL RECOMMENDATIONS FOR YOU (10 items):