Business/ Organization Structuring & Governance
We provide clients comprehensive advice on the selection, structure and governance of a variety of business entities, including corporations, nonprofits, partnerships and limited liability companies.
We assist our clients to pick the most appropriate structure in light of their business goals, intended capitalization, desired management structure and tax concerns. We assist with the formation and/or restructuring of business entities, including the drafting of governance documents, such as operating agreements, bylaws and board policies.
Representative Engagements:
Maintenance of Portfolio of Subsidiaries.
Advised a national provider of dialysis services on governance and maintenance issues related to multiple acquired entities.
Restructuring of a Professional Corporation.
Provided guidance to a law firm regarding conversion to other entity structures and options related to management and profit allocation in anticipation of a departure of a practice group and a proposed merger with another firm. Negotiated the resulting merger documents.
Structuring of Multiple Subsidiaries and Affiliates.
Assisted “start-up” clients with the creation of a multi-entity business management and operation structure to address their diverse service offerings and varying degrees of involvement and responsibilities by founders and intended investors. Prepared the related filings and structured the requisite operating agreements.
Creation of a Non-Profit Subsidiary.
Assisted nonprofit client create an affiliated nonprofit devoted exclusively to foundation and fundraising endeavors.