Business Transactions – Federal, State and Local Legal Compliance

Our attorneys listen carefully to our clients’ goals, research their industries, and draft agreements in plain language. We write so that our clients can use each agreement, refer to it effortlessly, and understand how each part of it works.

LHP guides you through the purchase or sale of your business.  Buying or selling a business is a complicated transaction involving technical legal documents and significant financial risks for the parties.  With extensive experience representing buyers and sellers of small to mid-size businesses, we can successfully guide you through the sale, from the Letter of Intent to the Closing Statement. We will draft and negotiate your Asset Purchase Agreement or Stock Purchase Agreement.  LHP can also prepare critical legal documents you will need to complete your transaction, including:

  • Non-disclosure Agreement
  • Letter of Intent
  • Assignment of Lease
  • Assignment of Contracts and Warranties
  • Indemnification Agreement
  • Non-compete Agreement
  • Corporate Resolutions
  • Escrow Agreement
  • Stock Pledge Agreement
  • Amended Corporate Bylaws
  • Amended Operating Agreements
  • Promissory Note
  • Mortgage
  • Security Agreement

Federal, State, and Local Taxation Compliance

Tax law is one of the most complex areas of law and failing to address your tax situation can lead to serious financial consequences. Tax-advantaged structuring of all major business transactions is of substantial importance. Additionally, one of the biggest concerns of any successful business or individual is tax liability and the possibility of being audited, or facing penalties for IRS violations. Many people do not understand their rights when it comes to dealing with the IRS. An experienced tax law attorney can help. When a client comes into our Downtown Los Angeles office, we will examine their situation and work to provide professional taxrepresentation to fit the client’s specific needs. We also discuss potential liability and the benefits and risks of pursuing a particular tax strategy. We help our clients understand how they can best avoid unnecessary tax exposure, while still accomplishing their goals.

How you structure or form your business can impact your income tax, business continuity and estate plan, as well as the amount of legal liability you are exposed to. The business formation lawyers at LHP work closely with small and medium-sized business owners and entrepreneurs in forming commercial and residential businesses. Our attorneys consult tax experts, accountants, and financial planners in helping clients form and incorporate their company. Since there is always a certain amount of risk in starting a company, our office explains how a partnership agreements, articles of incorporation, and bylaws can protect you and your investors from added, unwanted financial liability in the event of insolvency or business failure.