Buying and Selling Business

What is Business Law?

Business law deals with the creation of new businesses and the issues that arise as existing businesses interact with the public, other companies, and the government. This area of the law draws on a variety of legal disciplines, including tax law, intellectual property, real estate, sales, employment law, bankruptcy, and others. 

LOEVIN LAW GROUP, PA attorneys are also available to draft the internal agreements that will control how a new company is managed. A common example is an LLC operating agreement. This document should be drafted with care, as it governs how the company’s owners will share profits and losses, make important business decisions, has far reaching estate planning consequences and transfers their ownership rights. 

From day one, LOEVIN LAW GROUP, PA has made a commitment to be able to take care of all of his clients’ business legal services. Accordingly the Loevin Law Group PA offers to their clients the following legal services

-Business Planning, Formation & Restructuring–

New companies must take steps to comply with the law even before opening their doors for the first time. Business law attorneys are routinely asked to form new entities on behalf of their clients by filing the necessary documents with the Secretary of State. Clients may also need assistance choosing the business entity best suited for their enterprise. 

Businesses can be formed as corporations, limited liability companies (LLCs), partnerships, and other entities. Most of these business forms can be further customized to meet the needs of the company. Examples include corporations formed as “S-corps” in order to achieve tax savings, and partnerships formed as “limited partnerships” to allow some owners to participate as investors only. 

While the selection of the appropriate business entity will depend on numerous factors, the primary purpose of most entities is to shield owners from individual liability. Operating a business that is not set up to provide limited liability means that the owners are putting all of their personal assets within reach of the business’s creditors. By working with an attorney at the inception of the business, this situation can easily be avoided. 

Some of the most usual activities carried out by the firm as part of its business law service would include interpret laws, rulings and regulations, examine legal data to determine advisability, negotiate settlements of civil or commercial disputes, conduct legal hearings, internal or external investigations, decide causes of legal action, use knowledge of legal procedural rules, use public speaking techniques, follow copyright laws, apply court rules or strategy, search legal records, review civil rights laws, use knowledge of the judicial system and follow confidentiality procedures, conduct internal or external investigations.

The practice of corporate law demands experience across an array of industries, businesses and governmental organizations. Savvy businesses count on us to provide cost effective guidance. Our expertise includes:

• Formation of entities such as general and limited partnerships, limited liability partnerships, limited liability limited partnerships, limited liability companies, C and Subchapter-S corporations, joint ventures, trusts, and off-shore entities such as Nevis Limited Companies and Panamanian Sociedades Anonimas.
• Drafting and strategizing of shareholder/partnership agreements, buy-sell agreements, joint venture agreements, and operating agreements
• Devising proper capital structure and equity/debt acquisition
• Counsel on business relocation and expansion
• Devising and structuring mergers, acquisitions, and tax free reorganizations

-Navigating Complex Transactions–

Some commercial transactions are within the ability of business owners to handle on their own. Others are not, especially when a deal touches on complicated and evolving areas of the law, such as securities regulation or internet commerce. In heavily-regulated industries in particular, companies rely on their in-house or hired lawyers for advice regarding the latest legal developments affecting their businesses. 

Even for savvy business people, problems can develop when emotions become involved. Attorneys can provide valuable insight into a transaction, not only because of their legal training, but also because of the objective nature of their analysis. This allows them to spot issues overlooked by business owners and managers who may be too emotionally invested in seeing the deal go through. 

-Commercial Law–

Legal advise on commercial transactions which include: Sales, Leases, Negotiable Instruments, Secured Transactions, Consignment Agreements, Agencies, Franchises, Distribution Agreement, Licensing Agreement

-Closely Held Business-

Legal advise on all matters pertaining to the operation and management of Closely Held Business, branches and subsidiaries, including but not limited to the implementation and design of intercompany procedures and documenting of intercompany transactions.

Hiring Legal Counsel 

If you operate an existing business or plan to launch a new one, your success may depend on obtaining the right legal advice. LOEVIN LAW GROUP PA attorneys are available to assist with everything from simple buy/sell agreements to mergers and acquisitions of publicly-traded companies.