Change of Ownership and Corporate Structure Change

When buying or selling a business or changing a corporate structure, it is necessary to ensure that all legal points are covered. At Rosenthal Law Group, we assist business clients across Florida avoid costly litigation and unpleasant and consequences. For seasoned legal guidance we urge you to contact a commercial litigation attorney.

Change of Ownership

When buying or selling a business, it is vital to cover key points in writing. This means including price and timing of payment, of course. It also means specifying the physical assets that go with the transfer including files, furniture, computer programs, patents and customer lists. If the seller intends to keep certain customers or open up a competing business, this must be discussed and an agreement not to compete may be required. The parties may agree on a mediator or arbitrator to resolve issues that arise after the change in ownership is implemented.

Corporate Structure Change

The corporate structure of your business can have important consequences in terms of protection from creditors and reduction of taxes. We advise on the advantages and disadvantages of sole proprietorships, partnerships, corporations and limited liability company structures and their suitability for your business. We counsel on how to use these tools to provide for proper business succession at the death of a partner. We professionally assist with the drafting of all documents so your intentions are carried out properly.

We urge you to contact us to discuss your ownership or corporate structure changes. Having recently being awarded an AV rating for premier professional and ethical standards by Martindale-Hubbell®, we can pledge the highest quality of legal service. Additionally, Alex Rosenthal of Rosenthal Law Group is distinguished in "The Best Lawyers in America" list for commercial litigation (2010 through 2017) and recognized as a fellow by the Litigation Counsel of America.

Contact a business law attorney at the firm for guidance on your change of ownership or corporate structure change plans.

Questions?

Contact Rosenthal Law Group today.

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