Operating Agreements

LLC Operating Agreements — New York

Operating agreements that allocate control, profits, exits, and disputes — drafted to match how the business actually runs.

Custom Drafting

Not boilerplate — drafted to the deal.

Multi-Member

Multi-member, manager-managed, and complex capital structures.

Exit & Disputes

Buy-sell, drag-along, and tag-along provisions that work.

Why the operating agreement matters

The operating agreement controls profits, losses, management, transfers, and exits. A weak one creates partner disputes; a good one prevents them.

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What we build into ours

Capital contributions and call provisions. Distributions and tax distributions. Management and voting. Transfer restrictions. Buy-sell triggers. Deadlock resolution. Liquidation.

Common questions

Frequently asked questions

Can you update an existing operating agreement?

Yes — amendment and restatement is common when ownership changes.

Do we need lawyers for both partners?

When interests diverge, yes.

Ready to move your liquor license forward?

Before you sign a lease, invest in buildout, or appear before a Community Board, speak with an attorney who understands New York's liquor licensing process.

NYC (212) 845-9909 · Nassau/Suffolk (516) 858-5887
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