Business Law
Business law encompasses all of the laws that dictate how to form and manage a business. These laws govern how to start, buy, manage and close or sell any type of business and establish the rules that all businesses should follow. Whether you are an individual who is ready to start their own business, a start-up company who is ready to take their business to the next level, or an established business in need of the legal tools necessary to manage or grow your business, we are perfectly situated to help regardless of your size and needs.
Wallace Meyaski represents a full range of clients with business and commercial needs on national and international scales. Our lawyers have built a reputation for excellence in the quality of our counsel and services to clients across multiple industries representing nearly every form of legal structures. We have the skills necessary to adapt your business to the changing legal marketplace, empowering clients to identify emerging areas of economic opportunity.
Business formation involves making the appropriate entity selection based on your needs, forming that entity, and planning accordingly. These decisions impact contract formation, tax planning, and daily management of the business. Once appropriate formation decisions are made, our services are custom tailored and comprehensive, assisting clients with planning and governance, regulation, management, and organization.
Wallace Meyaski also assists with long-term business succession planning, ensuring that businesses recruit and retain employees at all levels to ensure continuity in key positions within the organization. Succession planning also anticipates and addresses issues that inevitably arise with any change in management and/or ownership to ensure a smooth transition and long-term success of the company. Through proper succession planning, businesses recruit superior employees, develop their knowledge, skills, and abilities, and prepare them for advancement or promotion into ever more challenging roles. This tool inevitably assists when the need for a change in management or ownership is required.
Our services in this area include:
Permitting, Licensure and Legal Compliance
We ensure that all the proper licensures and permits are up to date and in comp
Entity Formation
We assist clients with selection of the proper entity selection. Based on their needs, business goals, and other implications, we can help clients assess what entity selection best fits their needs – Limited Liability Companies (L.L.C.), S Corporation, C Corporation, Partnership, or Sole Proprietorship.
Drafting, Creating, Negotiating and Reviewing Contracts
We draft new commercial contracts as well as review and revise any existing commercial agreements, including but not limited to Operating Agreements, Bylaws, Buy-Sell Agreements, Shareholder Agreements, Debt Agreements, Terms of Service, Non-Compete Agreements, Liability Protection Agreements, Indemnification Agreements, Employment Contracts, Acquisition Agreements, Leases, and Purchases.
Business Valuation
We facilitate proper business valuations in preparation for Sales, Asset Purchase Agreements, Stock Purchase Agreements, Buyouts and Redemption Agreements.
Corporate Succession and Corporate Governance
We assist in the creation of boards of directors and maintenance of by-laws as well as the creation and revision of corporate structures that ensure proper business management and sustainability. We also ensure that our clients’ corporate succession planning is incorporated into their estate planning and wealth transfer planning.
Development of Exit Strategies
We review and develop exit strategies in the form of workouts, windups, and dissolutions to assist clients with reducing or eliminating interests in a business, while ensuring that the value of those interests is preserved and losses are limited.