Business Structures & Transactions
Our firm is dedicated to providing personalized, cost-effective legal advice to businesses. We work with individual entrepreneurs and companies (both large and small) in a wide variety of matters. Our attorneys’ extensive experience allows us to provide advice from the day a client decides to form a business, to the growth of the business by acquisition, and to the eventual sale of the business.
Our lawyers advise clients embarking on new business ventures by providing them with experienced counsel regarding the proper entity determination and the best ways to achieve business goals. We have formed hundreds of corporations, limited liability companies (LLCs), general and limited partnership, and joint ventures. As part of our services, we will prepare all needed shareholders’, operating, and partnership agreements.
Buying and Selling Of Businesses
We have considerable experience in all types of purchase/sell transactions, whether structured as a stock sale, an asset sale, or a merger. Such transactions have involved all types of businesses, from restaurants and convenience stores (and the related liquor license transfers) to the large auto supplier, to a health care concern. The sizes of the transactions have ranged from $1 million deals to $100 million plus deals. In addition, we have had tremendous success in assisting our clients purchase assets out of bankruptcy estates. Our firm is well equipped to handle all aspects of any acquisition, merger and/or sale of a business.
Day To Day Business Matters
We work with our corporate clients, providing day-to-day counsel and assistance with transactional matters and general legal advice. The following is a small sample of the areas with respect to which we provide services on a daily basis:
- Bank loan documentation
- Real property and equipment leases
- Sales and other customer contracts
- Employment contracts, including covenant not to compete agreements
- Franchise agreements
- Letters of credit
We work closely with individual entrepreneurs, owners of privately held businesses, in-house counsel of publicly held businesses, out-of-state attorneys seeking local counsel to handle their clients’ transactional needs in Michigan, and in-state attorneys in need of a specialist with regard to the purchase and/or sale of a business. At Jacob & Weingarten, we provide our clients with sound legal advice that enables them to make sensible business decisions.