ABA Section of Business Law
eSource
LLCs, LLPs, DSTs, LPs: Why and How are Alternative Entities Used in Cross-Border Transactions?
- Alternative entities are used instead of the corporate structure in an array of transactions ranging from private equity funds to property financings. The distinctions among such entities and the flexibility afforded to them must be understood in order to identify the issues that should be addressed in the transaction documents. The issues include applicable fiduciary duties, management consent issues and governing law provisions. This program address these issues so that practitioners can prepare transaction documents which accurately reflect the intent of the parties.
