For many businesses, observing corporate formalities ranks fairly low on their list of priorities. Most entrepreneurial organizations thrive on the day-to-day operations that generate revenue—something properly organized corporate books or well-drafted board resolutions do not, at least at first glance. Closer inspection reveals that all entities, regardless of type, need proper planning and maintenance to thrive in today’s litigious business environment. Failure to properly plan the corporate structure or consistently observe corporate formalities could leave the incorporator vulnerable to personal liability for debt incurred by the business.
Mr. Colodney counsels clients on the legal and business aspects of organizing, operating, financing, and expanding their businesses. From initial decisions such as choice of entity and financing options to maintenance matters like board meetings and drafting useful corporate resolutions, Mr. Colodney provides the expertise needed to offer your business both protection and flexibility. While your business may not need elaborate planning to ensure protection, all businesses profit from a well-conceived corporate structure designed to facilitate growth and protection.
Additionally, Mr. Colodney may serve as Corporate Secretary to corporations in need of such services.
Mr. Colodney maintains membership in the American Bar Association’s Business Law section and the Association of Corporate Counsel’s Corporate & Securities Law section to stay current on developments in Corporate Law.
The firm assists clients in the following areas:
- Entity Choice Counseling
- Bylaws Drafting and Counseling
- Limited Liability Company (LLC) formation
- LLC Operating Agreements
- Limited Partnership Agreements
- Joint Venture Agreements
- General Partnership Agreements
- Buy-Sell Agreements
- Sole Proprietor Counseling
- Corporate Resolutions
- Employment Agreements
- Nondisclosure/Noncompetition Agreements
- Management Agreements
- Liquidations and Dissolutions
- Corporate Veil/Alter Ego Analysis
- Shareholder Agreements
- Voting Trust Agreements
- Planning and Conducting Shareholder Meetings
- Indemnification Agreements
- Planning and Conducting Board Meetings
- D & O Insurance Counsel
M & A
- Letters of Intent
- Asset Purchases
- Stock Purchases
- Merger Agreements
- Confidentiality Agreements
- Due Diligence