Business Law
Starting a new business involves a significant investment of time, resources, and money. At Snellgrove, Langley, Culpepper, Williams & Mullally, we understand that clients need comprehensive, knowledgeable legal advice and assistance when beginning their new businesses. Our attorneys are committed to providing each client with the expertise and assistance they need to develop a successful business model.
Business Organization & Formation
When starting a new business, one of the most significant decisions you must make is determining the appropriate type of business entity structure. Some of the business entity models we assist our clients in forming include:
- Sole Proprietorships
- Business corporations
- Professional corporations
- Partnerships and Limited liability partnerships (LLPs)
- Limited liability companies (LLCs)
Selection of the type of entity is an important decision with lasting tax and legal liability considerations. For a description of the common types of business structures that are formed in Arkansas, please see Arkansas's Secretary of State's website.
In addition to providing valuable information on the different tax and liability implications related to each type of entity option, we advise our clients of the advantages and disadvantages of choosing a particular type of entity. We also prepare and file the necessary documentation to form your new business in a thorough and timely manner.
In addition to entity formation, we routinely represent business clients in a variety of other legal matters, including negotiation and preparation of contracts or lease agreements, preparation of employee agreements, and representation and counsel in buy-sell and purchase agreements.
Business Litigation
Our attorneys also have extensive experience litigating business disputes. Business disputes can arise unexpectedly and for a variety of reasons. When this occurs, having an experienced business litigation lawyer step in and assist you can be invaluable. We provide skilled, efficient representation to business involving the following types of disputes:
- Shareholder disputes
- Breach of contract disputes
- Lender liability claims
- Commercial lease disputes
- Suits regarding collection of debt and recovering damages
- Disputes concerning the management or direction of the company
If you are planning to start a business or need assistance with a business transaction or litigation matter, contact Snellgrove, Langley, Culpepper, Williams & Mullally today for assistance.
