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24 ALI-ABA Bus. L. Course Materials J. 3 (2000)

handle is hein.ali/bucomatj0024 and id is 1 raw text is: ALI-ABA COURSE MATERIALS JOURNAL VOLUME 24 FEBRUARY 2000 NO. 1 ISOTET Bankruptcy Issues in Partnership Mark T. Carroll, Editor; and Limited Liability Company Cases by T. Randall Wright and Joyce A. Dixon page 5 Pp Ml, A sista Et The Bankruptcy Code does not distinguish partnerships or limited liability companies from other business associations; it does, however, deal with spe- Joseph Mendicino, Circulation Manager; cific partnership issues. The Bankruptcy Code does not currently deal with Kathleen H. Lawner, Advertising Director limited liability companies, so courts will make analogies both to corpora- tions and partnerships when dealing with LLCs. Updated from the ALI-ABA Course of Study Partnerships, LLCs, and LLPs: The American Law Institute- Uniform Acts, Taxation, Drafting, Securities and Bankruptcy, May 13-15, 1999. American Bar Association The Role of Lawyers in Product Liability Prevention Committee on Continuing by Kenneth Ross page 23 Professional Education Lawyers can play an invaluable role in product liability prevention. The goal of any prevention program is to minimize the potential of an incident from occurring, and provide a good defense if an incident does occur. Since much William G. Paul, Chair of preventive counseling consists of planning for litigation, it is most appro- priate for lawyers to be involved before the problem arises. Charles Alan Wright, Vice Chair Updated from the ALI-ABA Course of Study Products Liability, July 22-23, 1999. Managing Investors' Liabilities Austin G. Anderson * Martha W. Barnett in the Real Property Venture (Part 2) Edward R. Becker * Charles L. Becton by Caryl B. Welborn page 33 Tom Bolts * Bennett Boskey * Paul J. Bschorr Various factors affect liability in both the decision on which entity to chose for the venture relationship as well as on how it should be structured. These Stephen S. Dunham * JoAnne A. Epps include the investor's ability to lose its financial investment based on acts of Elise A. Geltzer * Robert J. Grey, Jr. the other members, and the investor's potential liability to its co-venturers for Phoebe A. Haddon * Mary Kay Kane violations of implied and express duties. Updated from the ALI-ABA Video Law Review Limited Liability Entities: Emerg- Theodore A. Kolb A. Leo Levin ing Issues in Drafting Agreements for LLCs and Partnerships, March 25, 1999. Lance M. Liebman * Susan R. Martyn Surfing the Real Estate Web Lizabeth A. Moody * John H. Morrison by Rebecca Anderson Fischer page 51 Pamela D. Perdue * Sherwin P. Simmon With the Internet, you can conduct an amazing amount of research on real Wm. Reece Smith, Jr * Samuel C. estate law and regulation on your personal computer. Here is a directory of Thompson, Jr. * Mervin M. Wilf Internet sites for real estate regulations and statutes. Updated from the ALI-ABA Course of Study Resort Real Estate and Clubs: Richard E. Carter, Executive Director Formation, Operation, and Documentation, July 15-16, 1999. The ALI-ABA Course Materials Journal (ISSN: 0145-6342) is published bimonthly by The American Law Institute-American Bar Association Committee on Continuing Professional Education. Publication office: 4025 Chestnut Street, Philadelphia, PA 19104-3099. Editorial telephone (215) 243-1604; circulation tele- phone - (215) 243-1644. Subscription rate: $35 per year. A single issue is $7.00, plus $.96 for postage and handling. Periodicals postage is paid at Philadelphia, PA and at an additional mailing office. POSTMASTER: Send address changes to ALI-ABA Course Materials Journal, 4025 Chestnut Street, Philadelphia, PA 19104-3099. Visit ALI-ABA's Home Page on the World Wide Web at http://www.ali-aba.org. Need to find out what we've published on important topics in past issues of our magazines? Check out our articles database at www.ali-aba.org/aliaba/sarticles.htm The object of the ALI-ABA Course Materials Journal is to publish materials useful to lawyers. All views or conclusions are those of the authors and not of the Editorial Staff or the sponsors of the Journal. Copyright c 2000 by The American Law Institute. ALI-ABA Estate Planning Course Materials journal:

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