John wrote Drafting Limited Liability Company Operating Agreements in 1998 because, at that time, business people had begun forming LLCs at a rapid rate (a trend which has steadily intensified since), yet there was no available comprehensive LLC practice manual for lawyers or accountants.   The book remains the only such manual on the market.   Its key components are:

• A series of nine chapters on key issues relating to LLC formation practice;
• 23 model operating agreements and other forms and model provisions (most of them generic but several key ones specifically designed for use under the Delaware LLC Act) necessary or useful in forming LLCs;
• Section-by-section commentaries on these forms to explain how to use them and how to alter them for particular clients and purposes;
• Bibliographies of books and articles on LLC law and tax;
• A glossary of LLC terms of art;
• Numerous practice checklists.

The book is updated at least annually and usually twice a year.

CLICK HERE FOR A DETAILED TABLE OF CONTENTS OF THE BOOK.