Partnerships / Closely Held Corporations

We form and represent closely held limited liability companies (LLCs), S corporations and C corporations engaged in a wide variety of businesses. Our attorneys regularly provide the following services:

• Counsel principals on choice of entity
• Prepare formation and operating documents (including limited liability company operating agreements and corporate stockholders' agreements)
• Advise principals on succession planning
• Advise principals on terms of their operating documents, including terms covering:
  • Amounts and timing of capital contributions
  • Rights to participate in subsequent equity infusions and loans
  • Governance (including board composition and owner approval rights)
  • Transfers and transfer restrictions
  • Buy-sell rights and obligations (including the events permitting or requiring buy-outs, the amount to be paid to a person being bought out, and the funding and timing of buy-out payments)
  • Rights to cause and participate in the sale of the business
• Assist with employment matters, including structuring compensation agreements
• Advise and assist in protecting intellectual property and other assets
• Represent companies in dealings with third parties (including lenders, landlords, customers and suppliers).

To discuss your specific needs, please contact Chip Wry.