Association Negotiation
Worked with franchisee association in renegotiating terms of franchise agreement for entire system, allowing for greater cooperation with franchisor.
Bylaws (for a corporation) and operating agreements (for LLCs) are the documents that govern the operation of a business. While it may not seem all that important at the startup stage, these formation documents may be the most significant contracts you ever sign because they govern everything from profit distributions, voting rights, and transfer restrictions to the decision-making process, exit rights of members/owners (if any), and what restrictions are placed on management.
We work with clients on the formation of corporate entities. One of the key benefits of operating a business through a legal entity (as opposed to as an individual), is that you can protect yourself from personal liability. It is not simply a matter of forming the company but we also draft foundational documents for clients, including operating agreements and bylaws.
Businesses flourish when there is careful consideration from the start of how a business should operate day-to-day, how major decisions get made, and how growth and setbacks will be managed. We have helped many clients through this process, so they can focus on what their businesses do best.
KNOWLEDGE
There’s a handful of things that need to be done to form your limited liability company. They are:
What’s required varies slightly from state to state, which can make forming an LLC on your own challenging. Our LLC formation attorneys can determine what you require, and share best practices and legal counsel that satisfies your business needs.
Worked with franchisee association in renegotiating terms of franchise agreement for entire system, allowing for greater cooperation with franchisor.
Assisted new brewery client to form business entity, comply with securities laws, register trademarks, and negotiate lease.
Litigated and helped resolve an internal shareholder dispute about ownership of a cannabis business.