Lustig & Associates - Business
Representation
CORPORATIONS ~ PARTNERSHIPS ~ LLC’s
Business Entity Formation
We regularly form new corporations and
limited liability companies for our clients in the Midwest
on a same day basis at no extra charge. This means that your
new business can be up an running in 24 hours with all the
necessary formalities being taken care of by us. You will be
able to open a bank account, hire personnel, advertise and
conduct business immediately.
Business Purchases and Sales |
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We are also highly skilled
at handling the purchase or sale of our clients business
interests, including stock purchases, asset purchases and
corporate mergers. We participate in the negotiations of the
terms and conditions of the transaction and then memorialize
the agreements reached by the parties in a contract. Once
the contract has been signed and the deal formalized, we
work closely with our clients and their advisors to conduct
or comply with due diligence required by the contract
documents. Once the due diligence process has been
completed, we handle the closing of the transaction and the
formal transfer of the business interest.
Internal Ownership Issues
Every non-public business with more than one
owner faces issues from time to time related to ownership of
the business, shareholder disputes, retirement, sale of the
business, disability of a partner, rights of first refusal,
shareholder responsibilities, etc. We have vast experience
in guiding our clients through this complicated area and
advising them on the many ways of accomplishing their
objectives.
Employment Matters
We routinely advise our clients on employment
matters including hiring and termination. We can help you
navigate the minefield of laws and regulations regarding
independent contractors, non-competition, non-solicitation,
non-disclosure and trade secrets.
When the time comes to terminate an employee, we are skilled
at preparing severance or termination agreements and
advising our clients through the myriad laws impacting the
employment relationship.
Internal Business Matters
We regularly prepare shareholder agreements
between shareholders of corporations and operating
agreements between members of LLC’s. These documents impose
rights, obligations and restrictions upon the individuals
and the business entities. These types of agreements
frequently determine the outcome in the event of death,
disability, termination of employment, bankruptcy, or the
sale of an individuals interest in the business.
Asset Protection Planning
Once the wolf has knocked your door, it is
usually too late to rearrange your assets and liabilities to
be most advantageous to you. That is where advanced asset
protection planning comes in. It is perfectly lawful to
title your assets and limit your personal liability while
you are solvent and there is no threatened or actual
litigation. With proper advice, our clients can preserve the
wealth they worked so hard to create.
Negotiations
We are highly skilled in the art of
negotiation and mediation. Whether you need a professional
negotiator to represent your interests in a contract
negotiation, lease negotiations, settlement negotiations,
mediation of litigation, governmental negotiations,
alternative dispute resolution, or internal business
disputes, consider our team of experienced professional
negotiators to protect your interests.
GENERAL COUNSEL SERVICES
Lustig & Associates provides outside general
counsel services to start-up and small to medium size
businesses in Illinois. Most of our clients can’t afford to
hire a full time in-house lawyer, so we give them the edge
of having a business law firm on-call without the expense of
having a full-time attorney on staff. Be sure to ask about
having a lawyer on-call for your business.
REGISTERED AGENT SERVICES
All business entities in Illinois are
required by law to designate a resident of the State of
Illinois to act as the official registered agent of the
business to receive service of process and other official
papers. More often than not, our business clients request
that we act as their registered agent in the State of
Illinois. We have developed special systems and procedures
for handling this responsibility and to maintain the
requisite documentation to maintain the business in good
legal standing.
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