Understanding Business Formation And Commercial Litigation

If you are starting a business in New York, it is imperative that you choose the business form that best serves your business model. Your choice of business form may determine how your business distributes profits, assigns responsibility for debts and legal liabilities, pays its taxes, communicates with investors or shareholders, as well as the type of insurance it requires.

There are available options, including C or S corporations, limited liability companies, partnerships and sole proprietorships. Depending on factors such as the nature of your commercial transactions, the number of owners and your capitalization structure, you may even be eligible to incorporate in a different state and simply obtain a license to do business in New York state.

Our law firm brings extensive experience to business formation. We have helped many business owners choose a business form in the startup phase as well as existing business owners that desire a change of entity structure.

We also stay current on the most recent developments in case law regarding business forms, such as the different liability of single- versus multiple-member LLCs. We will take the time to get to your business in order to guide you through an informed decision.

Nor does our representation end with your entity selections. We have continued to provide representation to many startup clients, growing with them. Contracts are a necessity of business operations, as are collections. Yet vendors may not honor their contractual terms, and customers may be delinquent in their payments. Internal disagreements may also arise between owners. When disputes arise, we will bring our litigation experience to the aid of your business.

Contact An Experienced Business Formation And Litigation Attorney

With offices located in Montgomery and Beacon, we are a convenient resource for commercial clients located throughout New York's Hudson Valley. To schedule a consultation at one of our offices, call 845-670-5469 or complete our online contact form.