Business and Corporate
Whether you’re in the beginning stages of opening up a new company or already a seasoned entrepreneur, the business and corporate attorneys at KKC can help you at every step.
Just starting out? We advise and assist clients with the formation and purchase of a business. Should you form a sole proprietorship, partnership, LLC, or corporation? We’ll offer the advantages and disadvantages of your options to find what’s right for you and then prepare the ownership and operating documents you will need. Our advice includes evaluating liability issues, obtaining favorable tax treatment, funding your company, practical management matters, and employment law concerns.
Purchasing or selling? We assist in structuring the deal. How will the purchase be financed? Will the purchase price be allocated? If stock is being purchased or assets are being acquired, we’ll share what due diligence and representations/warranties are necessary. We can help with the negotiation of purchase contracts and financing documents. When real estate is involved, we search and evaluate title to the property and zoning compliance.
KKC’s business attorneys have equal experience in representing clients on the selling end of the transaction. On either side, we prepare all conveyance documents and assure the proper filing or recording of those documents.
Seeking financing? Maybe you have a need to purchase equipment, inventory, computers, or other assets or real estate, or to provide working capital for the business. We counsel our clients in structuring and closing the loan transactions. This includes negotiation of the terms and conditions of the loan, advising our clients with respect to the appropriateness of collateral to be given to secure the loan, including business and personal guarantees, reviewing title to the real and/or personal property given as collateral, and writing the title policy.
Are you a lessee or lessor? Many business owners elect to lease space in which to operate their business. In addition, many people invest in commercial real estate and buildings and lease space to others. Our lawyers are experienced in drafting and negotiating commercial leases for both landlords and tenants. If questions or issues arise after a lease has been signed, we can help analyze the facts and provide an opinion as well as negotiate a resolution.
Cash flow or financial problems? We work closely with the owner and their accountant or financial consultant to determine what the problem is and, more importantly, what the solutions are. We assist in the design of work-out plans and/or exit strategies. We negotiate with lenders, trade vendors, and other creditors to obtain short and long term cash flow relief to help the business get back on track. We also counsel owners on how to protect their personal interests during this difficult period.
Preparing or negotiating a contract? We can assist with preparation and negotiation of contracts involving employment, endorsement, purchasing and selling goods, and other issues relating to a client’s financial and business status. Tax advice and estate planning issues are also addressed as part of a plan to safeguard long-term interests.
Considering retirement? For most business owners, how to effectively and profitably retire from the business is a primary concern. We counsel clients and assist in planning a transition to family members, existing employees, or third party buyers.
Dissolving a business? Depending upon the type of business, dissolution may require that certain filings be made with appropriate state and federal agencies and that certain formalities be followed. We prepare and coordinate these filings, publish required notice to creditors, and assist with the winding-up process.
Our business attorneys have over 50 years of collective experience representing a wide variety of business clients. And if the need arises, we work with our attorneys from other departments -- litigation, tax, real estate, zoning -- to provide the appropriate counsel that different situations may require.