Company agreements dictate the economic and management rights and obligations of members – subjects that, without such an agreement, are often highly controversial later in the life of a company. Andrew Fine is an associate attorney at Helbraun & Levey in the corporate law department. Helbraun & Levey is a full-service law firm that focuses on the legal and legal requirements of the New York bar and restaurant industry. The firm assists restaurants in the development, growth and success of their team with extensive knowledge and individualized client-oriented approach to hotel and restaurant legal representation. If you are a member of your company`s LLC and manage the day-to-day operation of your bar or restaurant, it is recommended that you pay an administrative fee in addition to your distributions. .