BUSINESS FORMATIONS
An exciting time for any business owner is the date that a business is purchased or sold. A significant aspect of our practice involves working with clients to plan, structure, evaluate, negotiate, and document such transactions. This work is done in close concert with the client, the client's CPA, and other advisors who make up the team. Our primary goal is to help our clients to achieve their goals in the transaction, and we look for innovative ways to achieve that objective.
Planning, Structuring & Evaluating: Buying or selling a business is usually a complex matter, and without proper attention to the manner in which the transaction is handled, unexpected or unwanted results may occur. We work with clients to prepare themselves or their business for such an event, provide advice and guidance to enable the client to avoid problems and better achieve his or her goals, and evaluate terms of transactions. When we represent the seller, one of our goals is to maximize the after tax proceeds from the transaction. If we are representing the buyer, we will make every effort to structure a transaction to maximize the tax advantage for the buyer. Often, with innovative design work, the goals of both the buyer and seller can be met. Due diligence in transactions is often a key aspect of the preparation and evaluation process, and we routinely assist clients in their due diligence efforts.
Negotiation: While the client must make the business decisions, we provide assistance in the negotiation process of these transactions. Our experience in handling hundreds of deals enables us to spot both legal and tax issues and address problems that others with less experience may overlook. Having an attorney to assist with negotiations in a transaction is often very helpful, particularly because it is important for the buyer and seller to maintain a working relationship after the deal is done to better enable a smooth transition.
Documentation: Properly documenting a purchase or sale transaction typically involves many documents which touch on a wide variety of legal and business issues. Once the transaction is structured we routinely prepare all documents needed to properly protect the interests of our clients. Such documents include Letters of Intent, Asset Sale Agreements, Stock Sale Agreements, Security Agreements, Pledge Agreements, Promissory Notes, etc. Our goal at this stage is to eliminate uncertainty and secure performance
Planning, Structuring & Evaluating: Buying or selling a business is usually a complex matter, and without proper attention to the manner in which the transaction is handled, unexpected or unwanted results may occur. We work with clients to prepare themselves or their business for such an event, provide advice and guidance to enable the client to avoid problems and better achieve his or her goals, and evaluate terms of transactions. When we represent the seller, one of our goals is to maximize the after tax proceeds from the transaction. If we are representing the buyer, we will make every effort to structure a transaction to maximize the tax advantage for the buyer. Often, with innovative design work, the goals of both the buyer and seller can be met. Due diligence in transactions is often a key aspect of the preparation and evaluation process, and we routinely assist clients in their due diligence efforts.
Negotiation: While the client must make the business decisions, we provide assistance in the negotiation process of these transactions. Our experience in handling hundreds of deals enables us to spot both legal and tax issues and address problems that others with less experience may overlook. Having an attorney to assist with negotiations in a transaction is often very helpful, particularly because it is important for the buyer and seller to maintain a working relationship after the deal is done to better enable a smooth transition.
Documentation: Properly documenting a purchase or sale transaction typically involves many documents which touch on a wide variety of legal and business issues. Once the transaction is structured we routinely prepare all documents needed to properly protect the interests of our clients. Such documents include Letters of Intent, Asset Sale Agreements, Stock Sale Agreements, Security Agreements, Pledge Agreements, Promissory Notes, etc. Our goal at this stage is to eliminate uncertainty and secure performance