LLC's and LLP's '07

Welcome and program overview

Charles R. Beaudrot, Jr.

RECENT DEVELOPMENTS AFFECTING LLCs AND OTHER FLOW-THROUGH ENTITIES

• Equity Based Compensation and Employment Tax Issues for LLCs and Partnerships -- Update on Status
• State Tax Exemption of Retirement Payments for Nonresident Members of LLCs
• Section 409A and LLC Retirement Payments
• Changes to the VCOC Rules for Plan Investments in LLCs and Other Flowthroughs
• Rescission Transactions Involving LLCs
• Proposed Regulations on Hybrid Entities and the Foreign Tax Credit
• FEINs in Mergers and Conversions
• Other Recent Developments

Cassady V. Brewer, Morris, Manning & Martin, LLP, Atlanta Charles R. Beaudrot, Jr.

INNOVATIVE DEAL STRUCTURES USING LLCs

• Use of LLCs to Own REIT or Other Corporate Shares
• The LLC S Election
• LLCs in Mergers and Acquisitions
• The Ultimate Entity
• Use of LLCs in TIC Structures
• Other Innovative Deal Structures

Cassady V. Brewer and Charles R. Beaudrot, Jr.

CONVERSIONS OF LLCs AND OTHER ENTITIES IN GEORGIA FROM ONE FORM OF ENTITY TO ANOTHER:  A STEP-BY-STEP REVIEW OF THE NEW GEORGIA STATUTE WITH ILLUSTRATIVE FORMS

Bruce D. Wanamaker, Kilpatrick Stockton, LLP, Atlanta