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Business Entities

Representing business clients is always interesting. I have had the opportunity to learn about a variety of different businesses: doctors, dentists, engineering, restaurants, high tech (and low tech) and various retail businesses. If the business is a start-up, I advise and draft documents concerning the choice of entity (corporation versus an “S” corporation versus a limited liability company versus a partnership). As businesses grow, they need to consider other issues (e.g., a stockholder agreement to dictate what happens if one of the stockholders dies).

Another frequent issue is the purchase and sale of businesses. Careful drafting is pivotal. Issues such as warranties, lease assignments, security agreements and covenants not to compete must all be carefully considered. There is no such thing as “boiler plate” language.

Call Adam D. Elfenbein at 703-243-9223 to schedule your free initial consultation, or contact me online.