Are you thinking about starting a business in Connecticut? One of the first steps in starting your own business is to decide which business structure[…]
The Connecticut business law lawyers at Stanger Law understand the importance of protecting your interests and minimizing your liability in every possible way. We work closely with our business and corporate law clients, crafting highly personalized legal strategies that assist them in achieving their goals.
Whether you need help with commercial dispute resolution, general legal advice, the preparation of agreements or other documents, or a gladiator in court, contact our lawyers or call (860) 561-0651 for skilled business representation.
Business Buy and Sell Agreements
For succession planning and ensuring the continuity of your business, buy-sell agreements are both invaluable and necessary if you have business partners.
Sometimes called buyout agreements, these legal contracts share characteristics with wills and prenuptial agreements. Specifically, buy-sell agreements protect your assets and ensure their disposition in accordance with your wishes.
Buy and sell agreements address situations under which you or one of your partners leave the business for any reason.
This might include any partner’s:
- Incapacitation, or
These legal instruments can also protect the future of your business should one partner get sued or become embroiled in a contentious divorce.
With a buy-sell agreement in place, the disposition of the departing partner’s interest is clearly delineated. In most cases, buy and sell contracts require that the remaining partners purchase the departing partner’s share for a pre-established value.
Depending on your needs, your business attorney can help you establish terms such as triggering events, whether any input from the departing partner’s heirs should be considered, and whether the remaining partners or the entity itself completes the buyout.
Mergers and Acquisitions
The Connecticut mergers and acquisitions lawyers of Stanger Law represent both sellers and purchasers of business concerns and interests.
This complex area of the law requires both depth and breadth of experience and knowledge, including:
- Employment law,
- Intellectual property law,
- Finance, and
- Organizational structure.
Our attorneys consult with clients through every stage of the process, from due diligence through transition and ongoing operation. Whether you are considering buying or selling corporate assets, equity, or a going concern, our highly knowledgeable and experienced business attorneys are prepared to assist you.
Connecticut Business Formation: LLCs, Partnerships and Contracts
We are experienced in advising business clients regarding business formation, operation, and the closing down of a business.
Connecticut allows formation of limited liability companies (LLCs) and limited liability partnerships (LLPs). This allows you an even greater array of options in deciding how to structure your business, and we can help you choose the right approach for your situation.
Our Connecticut business attorneys have assisted clients with the ongoing operation of their businesses by handling the leasing or purchasing of property, developing business forms, obtaining financing and handling employment matters.
We have also worked with clients who wish to sell their business or simply wind up their business affairs before moving on to their next venture.
Your Legal Gatekeeper
Many businesses are structured with multiple, specialized departments that handle unique aspects of the business’s affairs.
When legal issues arise, they may be contained within one department or they may involve multiple aspects of the business. In the first situation, specific legal expertise may be needed to deal with the specialization of the individual department. When multiple departments are involved, both legal specialists and a generalist, to manage the overall effort, may be needed.
Either way, we can assist you.
We can direct you to specialists with expertise in the issue(s) facing your firm. If multiple specialists are needed, we can serve as the general manager, ensuring that all attorneys are working together, that information is shared appropriately and that all issues are addressed to your satisfaction.
By bringing our own knowledge of your business to any specialist that might be needed, we can reduce his or her learning curve, making it more efficient and cost-effective.
Areas in Which Our Business Lawyers Can Help
We can assist you with the following business matters, and more:
- Commercial loans (borrowing and lending)
- Post-bankruptcy petitions
- Financing businesses in distress
- Federal and state court(s)
- Shareholder derivative actions
- Commercial transactions
- Litigation and contract disputes
- Software license infringement
- Buy, sell or merger
- New divisions
- Competition by former employees or unfair competition in the marketplace
- Marketing issues
- Buy and sell agreements
Although the above list is representative of our corporate legal services and capabilities, it is not all-encompassing. Whatever needs may be, one of our business lawyers in Connecticut can provide the personalized legal services you need to achieve your goals.
We have helped many types of businesses with their legal needs, including:
- Retail chains, franchisees, consultants
- Real estate developers, construction contractors, gravel operators
- Automobile dealerships, truck leasing
- Industrial equipment sales, manufacturing
- Software developers
- Professionals such as doctors, lawyers, engineers, accountants
Whatever type of business entity you have—or want to establish—our team of experienced business lawyers will provide the assistance you need. We answer your questions, explain your options, and provide the thoughtful legal counsel you need to make the right decision for you and your business interests.
Contact a Connecticut Business Lawyer Today
At Stanger Law, we take pride in understanding your unique business needs and tailoring our legal advice accordingly.
We understand how businesses think and incorporate that understanding in all of our work. This gives us greater flexibility to come up with unique and creative solutions to the issues facing your business, and it enables us to provide efficient, cost-effective service.
Our West Hartford, CT business lawyers have experience in a wide array of industries and business issues.
If you need assistance with your business matter or would like more information, please reach out to our West Hartford, CT business attorneys by calling our firm directly at (860) 561-0651 or send us an online message today.