Hanson Baker Ludlow Drumheller General Business Representative Matters
Business Succession Planning. Represented father in establishing a limited liability company to hold investment real estate and to develop a business plan for his daughters to locate and manage the properties, and a gifting plan to take advantage of available discounts in value.
Business Succession Planning. Represented mother in establishing limited liability company and selling fractional interests to her children using a self-canceling promissory note, to save estate tax.
Business Succession Planning. Represented individuals in establishing a gifting plan to reduce estate tax liability and ensure an orderly succession of the business following the parents' deaths.
Contracts, Licenses and Agreements. Prepared a standard form equipment lease, including specially customized insurance and indemnification provisions; designed a form that was easy to use and understand, while still providing the necessary elements to protect the client and maintain commercial reasonability.
Employment Issues. Represented school for hearing disabled children in drafting employee handbook and contracts for teachers.
Employment Issues. Represented terminated employee in negotiating severance agreement.
Employment Issues. Represented employer in establishing employee handbook and office procedures to reduce risk of discrimination.
Employment Issues. Prepared confidentiality agreement in conjunction with non-compete agreements.
Entity Selection, Formation and Maintenance. Advised a multi-national European technology company in its first foray into the U.S. on the choice of entity and related operational and U.S. business customs issues; advised client regarding a number of issues including comparing the effect of entity choice on asset protection, management, tax matters and personnel and day-to-day operations.
Mergers and Acquisitions. Represented restaurant owners in seller-financed asset sale of 3 franchised stores. Helped prepare due diligence materials for delivery to buyer. Dealt with landlords on lease assignments. Conducted closing.
Mergers and Acquisitions. Represented physician in multi-million dollar asset sale.
Mergers and Acquisitions. Represented local manufacturing business in acquisition of out-of-state manufacturer and reorganized corporation to incorporate new business as a subsidiary.