--- business and corporation - corporations/partnerships
--- course production date: 9/13/2018
--- presented by TODD PAUL KULKIN

Phantom Equity can be a powerful tool in the start-up attorney’s arsenal, to help their clients grow on (and eventually, off) the proverbial shoestring. While it is often employed to great effect in the business world, it can be treacherous in its application depending on the context and the caution you take in its structuring.

In this course, attorney Todd Kulkin provides an overview on phantom equity: when to use it (and not), how to use it, and identifying some of the pitfalls that come along with this powerful technique.

Key course points are:
• Learn the ins and outs of Phantom Equity deals.
• Counsel your clients: When is Phantom Equity appropriate?
• Understand some of the factors that go into “Sweat Equity".
• Navigate the common pitfalls of Phantom Equity deals.
• Identify valuation and purpose, making Phantom Equity work for you.

--- presented by TODD PAUL KULKIN

Todd Kulkin is a business attorney in New York providing legal services to small to medium sized businesses, start-ups and nonprofit organizations. He counsels business owners throughout the U.S. as well as international transactions.

Starting his career working for one of the country’s largest law firms, Todd’s time was split between two practice areas: general liability defense and providing corporate and regulatory advice to major companies. He uses this experience as a civil defense litigator to advise clients on how to mitigate their liability.

University at Buffalo (State University of New York) School of Law
Juris Doctorate, Financial Transactions

Editor of the Buffalo Intellectual Property Law Journal

Brandeis University, Waltham, MA
Bachelor of Arts,
Majored in: Classical Studies, Classical Archaeology & Ancient History and Philosophy. Graduated with Honors