Practice
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Real Estate Law
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Financing
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Contract Law
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Franchising
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Government Affairs
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Our team also performs LEGAL AUDITS and assists its customers to lay the groundwork for the establishment of an ongoing legal compliance and prevention program in order to ensure that the company's goals, structure and ongoing operations are consistent with the latest developments in business and corporate law.
AM I REALLY PROTECTED??? THAT IS THE QUESTION...
-“The lack of proper legal formalities is one critical method used to bypass the corporate or company protections and expose managing shareholders and company members to personal liability. Plaintiff attorneys are adept at persuading juries a company or corporation is merely a sham because it wasn’t run like a “real business”. This attack can expose business owners to personal responsibility. And what about the state coming after a business for an employment claim, or a sales tax issue? Lack of corporate formalities under those circumstances can also expose the individual business owner to a legal claim against the business.”-
Some of the subjects that we address in a legal audit include: choice and structure of the entity; recent acts of the board of directors and documentation (or lack thereof) relating to those decisions; bylaws, operating agreements, partnership agreements and other contracts; protection of intellectual property; forms and methods of distribution and marketing; pending and threatened litigation; estate planning; insurance coverage; hiring and firing practices; employment agreements; product liability; and a review of sales and/or services and collection practices. Naturally, the extent and complexity of the legal audit will vary depending on the size and stage of growth of the company, the type of business (such as service vs. manufacturing), the number of shareholders and employees, the extent to which the company does business in a "regulated industry," and a host of other factors.
A legal audit can also be performed in a specific topic or area of the law (i.e. corporate matters, labor and employment, etc).
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