Business/Corporate Law

The Firm counsels privately held businesses of all types and sizes in order to successfully navigate the critical issues and pitfalls posed by today’s business environment. These include:

Choice of Entity: – The first question to be addressed, when starting a business, is the form of entity in which the business will be conducted. The ultimate decision should rest upon a careful analysis of the tax and liability consequences involved with each alternative. Our attorneys weigh the pros and cons, and explain the nuances, associated with conducting business as a Limited Liability Company, Limited Liability Partnership, Business Corporation (Sub S and C corporations), Professional Corporations, Sole Proprietorships, General Partnerships and Limited Partnerships. We facilitate the organization of the entity of choice, and advise the client as to the formalities which must be followed in order to take advantage of the benefits that it affords.

• Business Agreements – With practical experience and over 30 years of training in contract drafting, the Firm’s attorneys are able to tailor a broad range of agreements necessary for successful business planning, including:
• Shareholder Agreements – Sometimes referred to as a “buy-sell” agreement, these contracts govern the disposition of an owner’s interest in the business upon the happening of various triggering events, such as death, disability, termination of employment and bankruptcy. Utilizing restrictions on transfer, such as “right of first refusal” and “tag along” provisions, a business owner may ensure a level of certainty as to who his or her future “partner” will be.
• Employment Agreements – Utilizing restrictive covenants and incentive arrangements, such as stock option and stock bonus plans.
• Other Agreements – Including confidentiality agreements, licensing agreements, distributorship agreements and uniquely tailored agreements designed to address the particular concerns of a client.
• Business Sales and Purchases: – The attorneys in the Firm represent buyers and sellers in various business sales transactions, and have the experience necessary for the successful negotiation, contract drafting and closing of both stock transactions and asset deals.