Many business people fail to enter into appropriate ownership agreements that could protect them if the business fails, a partner dies, or the owners decide to part ways. Many entrepreneurs believe the legal fees and hassle needed to obtain properly drafted ownership agreements outweigh any potential benefits. When a new venture is launched, and money …Read more
The last thing most founders think about when they start up a company is selling it. If one of the possible exit strategies is to sell your company, you should be thinking about the documentation you’ll need for a successful business sale from the very beginning. It may be years down the road but the …Read more
How would you respond to a staff member who called to report that a company facility was receiving an unexpected government inspection? The agents could represent federal or state environmental, health and safety or taxing authorities. Almost certainly they will be requesting access to your company’s facility or offices in short order, perhaps immediately. Is …Read more
In case you’re not following the latest international business scandals – like Unaoil and the Panama Papers – We are seeing a rapid revolution in whether, when, and how companies conduct due diligence when engaged in partnering with overseas companies. This is particularly important in the San Francisco Bay Area where many home grown companies …Read more
Many corporate clients ask why they should spend the time and money to maintain corporate minutes. This is especially common in small or family-run operations. Other corporate clients don’t even bother asking the question, they just don’t do it. When I am asked why they should go through the time and expense of preparing minutes …Read more
Finkel Law Group recently represented several shareholders of a privately held commodities trading firm in a contentious buy out of departing shareholders who demanded several million dollars for their stake in the company. As a result of the firm’s efforts, the departing shareholders ended up with one-third of their original demand. A critical factor in …Read more