Kathleen Kelley practices general corporate and LLC law at Protorae Law with a particular emphasis on formations, governance, mergers & acquisitions, joint ventures, and owner exits. She also advises clients in a wide variety of transactional matters including fiduciary duty issues, FAR compliance, government-wide small business contracting programs, LLC management, general contract matters, securities laws, and other relevant business laws.
Kathleen works with a diverse group of clients ranging from Fortune 500 companies to local businesses, as well as nonprofit organizations, in a variety of industries, including the arts, technology, healthcare, insurance, finance, real estate, energy, manufacturing, automobile, transportation, retail and services, and cross-border transactions involving Canada, China, England, and India.
Questions I Asked Kathleen:
- What should business owners should consider when they’re in the process of starting their business?
- What is an operating agreement?
- Why should a business owner plan the future of their business when they’re still at the start up phase?
- What are the legal implications for different business formations?
What You’ll Learn From This Episode:
- Kathleen’s advice when entering an operating agreement.
- When a business should hire an attorney.
- Common problems Kathleen sees in her client’s partner agreements.