For Filmmakers: HOW, WHY AND WHEN TO FORM A LEGAL ENTITY
New York Foundation for the Arts
20 Jay Street, Suite 740
Brooklyn, NY 11201
Advance registration is required at
$10 Artspire and NYFA artists (Fiscal Sponsorship, Fellows, Bootcamp, Immigrant Artists, Mark, SOS)
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Artspire is the Fiscal Sponsorship program of New York Foundation for the Arts.
Artspire Presents: HOW, WHY AND WHEN TO FORM A LEGAL ENTITY
Pesented by Innes Smolansky
When is it the right time to form a legal entity for producing your film, and what kind of entity is the best for your particular circumstance? Included in this discussion will be:
-The implications of operating a single member company (just you) versus a multi-member company (you and others)
-The importance of having a clear Operating or Shareholder Agreement in case of a multi-member LLC or corporation respectively, that clearly define ownership and responsiblities
-When a collaboration or co-production agreement is a more appropriate structure
-Whether the same company may be used for a single film or multiple films.
Practical “how to” information will be presented regarding:
-Opening a bank account
-Obtaining a tax ID Number
-Complying with the publication requirement in case of an LLC
A "legal entity" is an entity other than a natural person (such as partnership, corporation, LLC, etc...) that has legal existence separate from the natural person so that it can function independently of the natural person (the filmmaker) and can negotiate contracts, assume financial obligations, pay off debts, sue or be sued.
About Innes Smolansky
Innes Smolansky is a transactional entertainment attorney specializing in representing producers, production companies, talent agencies and management companies, writers, authors, directors, and performers in independent motion picture production, documentaries, television and business and personal management deals. Her practice includes counsel on legal and business transactions in the entertainment industry, including drafting, reviewing, negotiating and counseling clients on development, financing, production, talent, employment, management and distribution deals, including international co-productions.
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Michael Findlay reading, discussion and book signing at Barnes & Noble
Barnes & Noble - Upper East Side
150 East 86th Street (at Lexington)
New York, New York
Join NYFA and Michael Findlay for a reading, discussion and signing of his book The Value of Art: Money, Power, Beauty
at Barnes & Noble
This event is FREE and open to the public
About Michael Findlay:
Michael Findlay is a Director of Acquavella Galleries, which specializes in Impressionist and Modern European works of art and post-war American painting and sculpture. The gallery represents the work of Lucian Freud, James Rosenquist and Wayne Thiebaud, among others, and presents major loan exhibitions of works from museums and private collections. As Vice President of the Art Dealers Association of America, Mr. Findlay assisted in the recent appeal that raised over a million dollars to benefit non-profit and commercial galleries devastated by Hurricane Sandy.Read more >