Corporations, LLC & Partnerships

Business and Entity Organization

Electing the proper form of business organization during the business start-up process can provide a number of key benefits, both not and into the future. With the right legal and entity structure, a beginning business owner can limit person liability risk exposure, minimize tax impact, and avoid potential conflicts with other owners, shareholders, partners, other family business owners or investors.

Klemp & Stanton, PLLP is experienced in many aspects of business law. We have assisted numerous start-up and existing businesses involved in various industries on a local, national and international level. Our clients have ranged from family farms and sole proprietorship’s to multi-million dollar business corporations.

We can address all your business or corporate formation needs, including the creation of:

• Corporations (Sub-Chapter C and Sub-Chapter S)
• Partnerships
• Limited liability corporations (LLC and PLLC)
• Limited liability partnerships (LLP and PLLP)
• Professional corporations and associations

Selecting the Right Option

The type of business entity that is best for you depends on a number of factors, depending upon your long and short terms goals, current and future tax position, and type of business in which you are engaged. Will will work with you to understand your business plans and objectives and help you develop and business organization that is right for you.

In addition to determining the right structure and drafting and filing the necessary documents, we can provide additional services such as assisting in the annual meeting and meeting resolutions and resolving disputes between shareholders or partners.

Our attorneys can provide you with assistance and legal advice in the following areas of the law:

• Transition of a sole proprietorship to corporation, limited liability company or other form of business entity.
• Legal dissolution of a partnership or corporation.
• Entity Restructuring and reformation to account for new shareholders, owners or partners.
• Creation of buy-sell agreements, stock redemption agreements, cross purchase agreements, shareholder and member control agreements.
• Drafting employment contracts, non-compete agreements, confidentiality agreements, employee policy manuals and guidebooks, and employment law dispute resolution.
• Drafting, reviewing and negotiating business contracts.
• Collection of amounts owed to businesses
• Mergers and acquisitions, includes sales of businesses by the owner or purchases of businesses by prospective buyers.
• Commercial real estate purchase and lease transactions.
• Business and employment litigation.