Rescission in Business Transactions: How to Fix Something That's Gone Wrong-Audio Webcast - Webcast

March 2018    
Rescission in Business Transactions: How to Fix Something That's Gone Wrong
Access Timely Topics and National Experts with CBA-CLE 1-Hour Audio Webcasts  
Program Description
Despite the best laid plans and careful draftsmanship, errors occur in transactions and their underlying documents.  The parties may have had a misunderstanding of a crucial fact or there may have been a misunderstanding of the applicable law, leaving the parties with a practically or legally defective arrangement.  Or a simple drafting error may have been made in one or more of the transaction’s underlying documents.  Rescission, backdating and other forms of transactional modification are available to correct these mistakes.  This program will provide you with a practical guide to using rescission, backdating and other forms of modification to fix transactional errors, teach you about the best uses and limits of each technique, and discuss the tax and other consequences of using these techniques.
- Types of temporal modification – rescission, backdated initial actions, backdated modification
- Legitimate reasons for after-the-fact modification of transactions
- Statutory and common law recognition of rescission
- Permissibility of back-dating certain transactions
- Special use of rescission to save S Corp status of a corporation
- Tax consequences of rescission and other corrective measures
Allen Sparkman is a partner in the Houston, Fort Worth, and Denver offices of Sparkman Foote, LLP.  He has practiced law for over forty years in the areas of estate, tax, business, insurance, asset protection, and charitable giving.  He has written and lectured extensively on choice-of-entity, charitable giving and estate planning topics.  He is the Colorado reporter for the books "State Limited Partnership Laws" and "State Limited Liability Company Laws," both published by Aspen Law & Business and co-author of “Using Limited Liability Companies, Partnerships, and Limited Partnerships in Colorado,” publishing by CLE in Colorado, Inc.  Mr. Sparkman received his A.B. with honors from Princeton University and his J.D. with high honors from the University of Texas School of Law.
Course materials are provided in PDF format to all audio webcast participants.
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- Tablets and iOS devices will need a web browser and a high speed wi-fi connection.
- You will also need a sound card and speakers, and a current web browser
You will receive a confirmation and instructions to listen to the audio-webcast via email upon registration.
Each Audio Webcast has been submitted for 1 (or 2) General CLE Credit(s). Courses with an Ethics Component have been submitted for Ethics Credits accordingly.
How to Register:
There are 2 easy ways to register:
1. CALL us! (303) 860-0608, or toll free (888) 860-2531
2. Or REGISTER ONLINE NOW by using the corresponding course links above.

Each program will run from 11:00 a.m. to 12:00 p.m. M.T. (60 minutes each).
Location Information
Webcasts - live from your computer

Denver, CO
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Registration Fees
CLE ELITE Pass Holders $0.00
CBA Member $59.00
Non Member $89.00
  • General Credits: 1.00
  • Ethics Credits:
Start Date - End Date
March 12, 2018
Start Time - End Time
11:00 AM - 12:00 PM
Event Location
Webcasts - live from your computer
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Access Timely Topics and National Experts with CBA-CLE 1-Hour Audio Webcasts