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Holm to Present to Tampa Bay Estate Planning Council on Revised Florida LLC Act

NAPLES, FLA. — The national law firm of Quarles & Brady LLP today announced that Laura M. Holm, a partner in the firm’s Naples office, will speak to the Tampa Bay Estate Planning Council on “Planning with LLCs under the New Florida Limited Liability Company Act.” The presentation will take place on Wednesday, September 17, 2014 at 5:30 p.m. at The Tampa Club, 101 E. Kennedy Blvd.

The new Florida LLC Act significantly changes the way Florida limited liability companies operate and are governed. The law is intended to make Florida a more attractive place to organize and operate an LLC. It modernizes the existing law, which was initially adopted more than 30 years ago and contains a “quilt-work” of amendments made over the years, making it more difficult to understand and comply with than comparable statutes in many other states. While eliminating much of the uncertainty that exists in some parts of the prior law, the new law emphasizes the importance of the operating agreement and provides businesses and their advisers with a significant degree of flexibility in designing management structures, capital and profit participation schemes, and other features unique to their objectives and circumstances.

Holm leads the Florida Business Law Practice Group of Quarles & Brady. She has significant experience in a wide variety of complex legal transactions, including mergers and acquisitions, Securities Exchange Act reporting and compliance matters, private equity and venture capital investments, joint ventures, recapitalizations, going private transactions, private placements, and equity and debt offerings as well as general corporate matters. She regularly represents public companies with respect to all of their corporate transactions and compliance programs, and she effectively serves as their outside general counsel.

Holm is listed in The Best Lawyers in America®, has been named to South Florida’s Top Lawyers Legal Guide since 2010 and has been listed in Florida Trend’s Legal Elite for Corporate/Business Law. She received her law degree from the University of Chicago Law School and her undergraduate degree, magna cum laude, from Amherst College.