Woodhaven Shareholder Agreements
Ownership Agreements: Are You All on the Same Page? Woodhaven MI
There are enough external challenges to running a business without being sidetracked and undermined by internal conflicts. When the stakeholders have a shared vision and clear roles, they can focus solely on the success of their business. When owners are not on the same page, disputes may bring the whole enterprise crashing to earth.
The Law Offices of John G. McNally, P.C., provides the astute counsel to clarify business goals and iron out differences on the front end to avoid costly and destructive litigation later. Based in Woodhaven, we provide business start-up and business consulting and litigation services to small and mid-sized companies located in the Downriver area.
Woodhaven Shareholder Agreements Attorney
John McNally has extensively practiced business law in southeast Michigan since 1992. After building a successful law firm, he recently returned to a solo practice that allows him to offer close counsel to his clients. This is especially important in ownership agreements because of the many considerations.
Mr. McNally advises individuals or co-owners in formation and negotiation of S corporations and shareholder agreements, limited liability companies (LLC) and operating agreements, and partnership agreements.
Mr. McNally typically meets with the primary shareholders to establish common ground around goals for the business and management structure. He then works to flesh out the critical details of the operating/shareholder agreement:
- Death, divorce or bankruptcy of one of the owners
- Sale of shares or transfer to a spouse or children
- Bringing on new partners or minority shareholders
- Raising capital and growing the business
- Mechanisms for buyouts or dispute resolution
- Exit strategy, succession and dissolution