If you’re considering buying, selling, restructuring, or otherwise making changes to your corporate structure, then you need to work with an attorney. At Law Offices of Torrence L. Howell, we have the experience and resources to ensure that as your business grows, evolves, or fails, your legal rights are respected. Whether you’re ready to buy or you’re ready to sell, whether you’re adding or dropping a partner, or even changing from one type of corporate structure to another, contact us at (909) 920-0908 to learn more about how we can help you.
An experienced business attorney can help when you’re buying or selling a business
It’s true that businesses get bold and sold every day. As a result, it may seem that it’s a very straightforward transaction that doesn’t require legal assistance. Unfortunately, that’s simply not true. There are a number of factors that can affect the sale and there is a long list of legal details that must be looked after.
You can count on us to look at ensure that the transaction is structured the way it should be and that the essential details are clearly outlined. This includes the purchase price, any required non-compete clauses for those leaving the company but staying in the same industry, and physical assets involved in the sale, including customer lists, furniture, files, patents, etc.
It doesn’t matter if you’re the buyer or seller, whether the entire business is being sold or just a stake in it. The truth is that if your business, or any part of it, is being bought or sold, then a California business attorney is going to be able to help.
Are you buying out a partner?
We’ve handled many situations in which one partner is buying out another. This is commonly the result of one partner getting a divorce. In that situation, the owner doesn’t want to allow their soon-to-be former spouse to take control of their stake in the business. The way to handle one partner buying out another partner is typically spelled out in the partnership agreement, but a business attorney will be best able to understand and implement the transaction.
We can help you make changes to your corporate structure
The right corporate structure for a startup may not be right structure for a business that’s been successfully run for ten years. The way the business is structured can affect a number of things, including the tax burden of the owners and whether or not their personal finances are protected from creditors.
When you work with Law Offices of Torrence L. Howell, we can look at your current corporate structure and let you know what your options are. You can trust that we will give you only our honest opinion. In some cases, there may be a better structure and we are happy to take on the case. However, it’s also possible that your current structure is the best option. Either way, we will offer you our best advice and help you make the necessary moves. Contact us at (909) 920-0908 to get started.
