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INVESTOR FINANCING OF INDEPENDENT FILM
Hosted by John W. Cones, JD

is there a way to legally avoid creating an LLC for a ulta low budget film?
Posted on September 23, 2011 at 03:17:10 PM by Iplish

Hi John,

If my subject line isn't self-explanatory, here's my situation. I am just starting to think about fundraising for a script I wrote that I believe can be produced for less than $50K. I don't feel that I need to protect myself from liability with such a low budget film, therfore I don't want to go through the hassle and expense of creating an LLC. But I would like to approach some passive investors and, if need be, offer them some profit-sharing. Is there some kind of agreement that a lawyer could draw up for me that would still protect both parties, but would not include the formation of an LLC? I would simple do a DBA. Thanks for your help.

Shilpi

Replies:

Re(1): is there a way to legally avoid creating an LLC for a ulta low budget film? - By Aaron September 25, 2011 at 07:04:23 PM
Re(1): is there a way to legally avoid creating an LLC for a ulta low budget film? - By george September 24, 2011 at 11:28:41 PM
Re(1): is there a way to legally avoid creating an LLC for a ulta low budget film? - By John Cones September 24, 2011 at 06:23:23 AM
- Re(2): is there a way to legally avoid creating an LLC for a ulta low budget film? - By John Green February 18, 2012 at 03:04:50 AM

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