Positioning Businesses For Success
A primary reason for forming a business entity is to protect your personal assets in the event something goes wrong with your business. If one of your employees hurts someone within the course and scope of your business, you don’t want your personal assets to be affected.
The decisions when forming an entity are not as simple as choosing whether to form a C corporation, S corporation, limited liability company (LLC), formation of a partnership or other entity.
The Shreveport business transaction attorneys at Weems, Schimpf, Haines, Shemwell & Moore (APLC) regularly advise entrepreneurs and business owners on which form of business entity is right for their particular commercial enterprise and which documents are best suited to provide the protection and flexibility these owners need.
A large part of the business litigation we see involves disputes between multiple owners of a single business, heirs of a deceased owner and ex-spouses of owners. It is extremely important to have the proper governing documents in place to protect the business from external as well as internal claims by employees or disputes between owners.
In order to avoid costly disputes, our lawyers will advise you on what documents you need and the specific provisions necessary in those documents. Examples of typical business governing documents and provisions include:
- Articles of Incorporation
- Articles of Organization
- Partnership agreements
- Operating agreements
- Shareholder agreements
- Repurchase options
- Stock transfer restrictions
- Noncompete agreements
Our business lawyers represent all types of businesses and business owners including: manufacturers, services businesses, holding companies, car dealerships, property managements companies, high-net worth individuals, and small mom and pop companies. We represent clients in business transactions ranging from small bank loans and sales to multimillion-dollar mergers, acquisitions and divestitures.
We often represent parties buying or selling a business or the assets of a business. Whether you are a buyer or a seller, our lawyers will guide you through the process of choosing the correct type of transaction and obtaining the information necessary to evaluate and complete the transaction.
Once the business deal is set, we will draft the necessary documents to complete the transaction and protect you in accordance with the business deal you have agreed to. Additionally, our lawyers represent both borrowers and lenders and will either evaluate the documents provided or draft the necessary documents in order to complete the loan process.
We also handle all business real estate matters.
We assist businesses with collections.
We defend individuals in professional liability matters.
Initial Consultation: Contact a Louisiana business formation attorney at Weems, Schimpf, Haines, Shemwell & Moore (APLC).
Our Business Formation And Transaction Attorneys
Ronald R. Weems has been engaged in the practice of commercial transactions since 1974 and is one of the leading business lawyers in Shreveport.
Robert H. “Lad” Shemwell Jr. has focused his practice in business transactions, commercial litigation and bankruptcy law since he joined the firm in 1996.