Live Video-Broadcast: December 13, 2024
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This program is designed to equip attorneys with critical insights into the complexities of piercing the veil of corporate entities such as Limited Liability Companies (LLCs) and Corporations. This session will explore key factors leading to veil-piercing claims, such as the alter ego doctrine, commingling of assets, and failure to observe corporate formalities. Attendees will learn the unique challenges faced by Single Member LLCs vs multiple member LLCs, strategies to maintain separation between owners, officers and the entity, and how courts differentiate between piercing the veil of different entity types. The course also covers litigation strategies for defending against veil-piercing claims, best practices for advising clients, and practical steps to structure companies and operations to minimize risks.
This course is co-sponsored with myLawCLE.
Key topics to be discussed:
Date / Time: December 13, 2024
Closed-captioning available
Shahrokh Sheik | Weinberg Gonser, LLP
Shahrokh Sheik is a business and intellectual property attorney serving as outside general counsel and litigation counsel for clients ranging from international corporations to start-ups and individuals in a variety of industries including entertainment, hospitality, cannabis, finance, e-commerce, advertising and more.
Shahrokh is dedicated to providing value to his clients and maintaining long term relationships. As such, he strives to identify their goals, objectives and constraints in order to facilitate business transactions and resolve disputes efficiently and effectively.
Prior to joining Weinberg Gonser, Shahrokh founded the business and intellectual property firm Kramer Holcomb Sheik LLP in 2012, and prior to that, he served as Counsel at Independent Film & Television Alliance (IFTA)- producer of the American Film Market (AFM). During law school, Shahrokh served as the President of Southwestern’s student government as well as the Associate Editor of the University’s Law Review. While obtaining his undergraduate degree from California State University, Long Beach, he served as the Vice President of the student government, President of the Sigma Phi Epsilon fraternity and Founder/President of the Law Society.
Lee Weinberg | Weinberg Gonser, LLP
Clients’ goals and needs are never “cookie-cutter”.
Lee Weinberg has helped a wide range of clients meet their personal, financial and business goals, including “Business Divorces”, first-time liquidity events, and domestic and international financings and transactions.
Clients know they can count on Lee for individually-tailored options, thoughtful and practical guidance, and creative solutions (as well as access to his broad network) as they navigate all manner of issues and situations.
Michael Alfera | Weinberg Gonser, LLP
As an Associate Attorney, Michael excels in devising winning arguments and case strategies for clients involved in business and commercial disputes on both sides of the ‘v.‘ Prior to working at Weinber Gonser, he worked as a judicial law clerk, first for the Los Angeles Superior Court and then for the Honorable Otis D. Wright II, District Judge in the District Court for the Central District of California. Working in the supporting role for multiple judges fostered Michael’s ability to analyze cases from a judicial standpoint, a perspective that is instrumental in obtaining positive results for the Firm’s clients.
Michael ranked #1 in his cohort at Southwestern Law School, and he was a member of the championship team at the 2018 Wagner Labor and Employment Law national moot court competition in New York City. Michael’s academic excellence and practical experience have forged a unique skill set that empowers him to navigate complex litigation challenges with confidence. His strategic mindset and comprehensive understanding of the state and federal court systems make him a formidable advocate for the interests of the Firm’s clients.
Michael is a classically trained pianist, composer, and conductor. He is the former accompanist for the Gay Men’s Chorus of Los Angeles and the founder of the L.A. Choral Lab, a local performing arts nonprofit dedicated to promoting the modern choral art form.
I. Piercing the LLC Veil | 1:00pm – 1:20pm
II. Common Factors Leading to Veil Piercing | 1:20pm – 1:40pm
III. Piercing the Veil of Single Member LLCs (SMLLCs) | 1:40pm – 2:00pm
Break | 2:00pm – 2:10pm
IV. Veil Piercing in Multi-Member LLCs and Corporations: Risks and Complexities | 2:10pm – 2:30pm
V. Litigation Strategies: Defending Against Veil-Piercing Claims | 2:30pm – 2:50pm
VI. Best Practices for Preventing Veil Piercing Claims | 2:50pm – 3:10pm