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
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