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An alert from Gunster's corporate law practice team

Gunster recently welcomed Stacie Townsend to the West Palm Beach office as an associate on the corporate and technology and entrepreneurial companies practice teams.

She said, in a recent Daily Business Journal article, that the new year brings significant changes to state law governing Florida limited liability companies.


townsend

Stacie Townsend is a Gunster attorney who focuses on mergers and acquisitions and other complex business transactions. She graduated top of her class from the University of Iowa College of Law. 

Florida’s Revised Limited Liability Act resembles the national model, and aims to make the state more commercially competitive.

Write Stacie an email to welcome her to Gunster and talk about this issue further.

Townsend also notes:

New mandatory provisions, such as the capacity of Florida LLCs to sue and be sued, a person’s ability to disassociate from the LLC, and more.
Default rules, such as the new requirement of unanimous consent for Florida LLC members to amend the operating agreement or to add a new member, and new circumstances in which a person can bind a Florida LLC.
Provisions eliminating the idea of a “managing member” for Florida LLCs and new procedures for foreign entities.
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This publication is for general information only. It is not legal advice, and legal counsel should be contacted before any action is taken that might be influenced by this publication.

Gunster, Florida’s law firm for business, provides full-service legal counsel to leading organizations and individuals from its 11 offices statewide. Established in 1925, the firm has expanded, diversified and evolved, but always with a singular focus: Florida and its clients’ stake in it. A magnet for business-savvy attorneys who embrace collaboration for the greatest advantage of clients, Gunster’s growth has not been at the expense of personalized service but because of it. The firm serves clients from its offices in Fort Lauderdale, Jacksonville, Miami, Orlando, Palm Beach, Stuart, Tallahassee, Tampa, The Florida Keys, Vero Beach and its headquarters in West Palm Beach. With more than 170 attorneys and 200 committed support staff, Gunster is ranked among the National Law Journal’s list of the 350 largest law firms. More information about its practice areas, offices and insider’s view newsletters is available at www.gunster.com.

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