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Business Law Test 1

Business Law is generally divided into two groups of activities:

• What happens (or should have happened) when you started your company
• The ongoing activities of an existing business

Business Formation

It is not hard to draft and file all the documents required to start a new business; that is one of the great things about America. But it is easy to overlook a critical step, and easier still to avoid unpleasant negotiations with partners. While some first-time businesses owners use cheap online services to form their companies, entrepreneurs who delegate that task to an expert achieve peace of mind and the freedom to concentrate their entrepreneurism on what they do best. Argent Place Law supports your Business Formation in the following ways:

  • Advising you on the form of governance to use (LLC, corporation, joint venture, etc.) and why
  • Drafting and filing Articles of Incorporation for a corporation or Articles of Organization for an LLC
  • Obtaining your EIN from the IRS
  • Obtaining local permits and licenses
  • Providing template company resolutions, and a specific resolution to open a bank account
  • Drafting the Operating or Shareholder Agreement (critical for companies with more than one owner)
  • Drafting corporate bylaws
  • Filing for a fictitious name certificate
  • Advising and drafting a buy-sell agreement among owners/partners (don’t start without one!)
  • Providing for financing of the buy-sell agreement
  • Employee contracts and offer letters–make them enforceable!
  • Drafting or reviewing Joint Venture and Partnership agreements with other companies

Contracts and Corporate Law

A good Legal Counselor manages the headaches of legal issues so you can concentrate on building your company. Of course that includes reviewing and drafting contract documents. But a great Legal Counselor is also proactive. You want your legal counsel to understand your business and provide valuable business counsel, suggesting courses of action and helping you negotiate the terms of agreements. Argent Place Law provides service and expertise in the critical areas of legal business counseling, including:

  • Regular Strategic Planning sessions with you and possibly with your key people
  • Contract templates for customers, and custom contracts when needed
  • Teaming agreements for preparing government contract proposals
  • Reviewing government contracts, especially to protect intellectual property rights
  • Contracts of merger and acquisition
  • Contract to sell business units
  • Bringing in investors
  • Deferred compensation plans
  • Buy-Sell agreement among owners
  • Financing and lease agreements
  • Managing business disagreements, pre-litigation and lawsuits, derivative actions
  • Business governance issues: Member meetings, Shareholder meetings, Boards of Directors meetings
  • Advising on fiduciary responsibilities, Sarbanes-Oxley compliance
  • Tax-free reorganizations for moving your company from one state to another