Mark Anderson Presenting "Illinois LLC Act Changes"


On June 9, 2017, Aronberg Goldgehn attorney Mark Anderson will speak on the "Illinois LLC Act Changes" at the Fox Valley Chapter of the Illinois CPA Society’s JD/CPA practitioners' breakfast. The breakfast will begin at 7:30 a.m. and Mark will present from 8 a.m. to 9 a.m.

Major changes to the Illinois LLC Act will become effective July 1, 2017. This program is important to attorneys who will be drafting or negotiating new operating agreements, and who will also be asked to interpret how these significant changes impact existing agreements. It is also important to accountants who are frequently asked by clients to advise on or explain provisions of a client's operating agreement.

Fundamental changes have been made to the Illinois Act that reduce the authority of certain members, require additional filings with the Secretary of State, potentially change or eliminate fiduciary duties, validate significant penalties for the failure to make required capital contributions, change available remedies for a dysfunctional LLC and increase opportunities for mergers and conversions.

Continuing Education Credit
1.0 Hour of CPE and 1.0 Hour of CLE have been applied for.

The Hilton Inn - Lisle/Naperville, 3003 Corporate West Drive, Lisle, Illinois.

Fee and Registration
The fee to attend is $30.00 and includes a full-buffet breakfast.

To register, CLICK HERE.

Payment can be made online or via check in advance of the event. Cash or checks will also be accepted at the door. Please make all checks payable to "Fox Valley Chapter ICPAS".

Please respond by Wednesday, June 7th at 3:00pm.

For additional information, please contact Aaron Ruswick at 630-221-1755 or or Daniel P. Vargo CPA at Daniel P. Vargo & Associates, P.C. at 630-836-3003 or

About Mark Anderson

Mark Anderson represents various corporations, LLCs and trusts in a wide range of tax and general business law matters. He also maintains an estate planning practice, which is a value-added service to business owners and their families.
Mark has provided general business representation, tax and financing advice in connection with numerous business acquisitions and mergers, structuring of new business formations, long-term operating businesses, multi-family housing real estate developments, shopping centers and hotels. This representation has involved private and publicly owned corporations, employee pension funds and their investment advisors, and numerous syndicated and non-syndicated partnerships, joint ventures, limited liability companies and S-corporations.

He also has extensive experience in tax planning and trust and estate administration on behalf of business owners and their families, coordinating tax planning with efficient business operations. These planning services are provided within the framework of maintaining family plans for income and asset distribution, economic control and asset protection.

In addition to his core tax and estate planning practice, Mark enjoys working on complex LLC operating agreements and is a frequent speaker on this subject.

From 1998-1999, Mark was Chair of The Federal Tax Committee of the Chicago Bar Association. He is also a former Chair of Division B (Partnerships and Other Tax Sheltered Investments) and Division C (Corporation and General Income Tax Problems) of The Federal Tax Committee of the Chicago Bar Association.

330 N. Wabash AvenueSuite 1700Chicago, Illinois 60611