Business Attorneys Praise New LLC Reform Law

Publisher: The Connecticut Law Tribune

June 2, 2016

David Swerdloff was quoted in an article, "Business Attorneys Praise New LLC Reform Law," in The Connecticut Law Tribune. In the article, Swerdloff discusses the significance of The Connecticut Uniform Limited Liability Company Act, which will go into effect July 1, 2017. He said the new law is important to small businesses that can't afford to hire lawyers to form LLCs. The new law will provide default rules allowing LLCs to form without adopting a written operating agreement. At the same time, it maintains the flexibility for business owners to contract for arrangements that meet their needs, Swerdloff said.

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