Description: In April of 2022, Wisconsin passed Act 258, a new business entity law that modernized the state’s business entity statutes, to harmonize each business entity statute with the others, and to make Wisconsin a more attractive state to do business. The Act went into effect on January 1, 2023 and these changes impact all business entities in the state -  in particular limited liability companies (LLCs) and their members as over 90% of the newly formed businesses in Wisconsin are LLCs. This presentation will address these changes and will: (1) provide a brief background on 2021 WI Act 258 and entity selection; (2) overview the high-level changes made in the Act; and (3) discuss the impact of these changes.

Facilitator Bio: Julijana Englander is a current 3L at the University of Wisconsin Law School and an incoming attorney at Neider & Boucher, S.C. After graduating from Duke University, Julijana had a range of experiences from politics, tech, and consulting including at a regulatory affairs consulting firm in New York – where her work on legislative and advocacy campaigns took her everywhere from Delaware to Lake Como.

Disclaimer: The information provided in this presentation does not constitute legal advice and is not intended to. All information and content are for general informational purposes only. Attendees of this presentation should contact their attorney to obtain advice with respect to any particular legal matter and seek legal advice from counsel in the relevant jurisdiction before acting or refraining from acting based on the information from this presentation.