Business Law

“Advice and Assistance With a Variety of Business Law Issues”

Whether you are a first-time entrepreneur or a seasoned business executive, every business of every size can benefit from the advice and counsel of a business law attorney. The laws, rules, and regulations that can affect a business are voluminous. They also change on a regular basis. As a business owner, you likely want to be able to focus on growing your business and steering your business toward success. Most business owners do not want to spend the majority of their time immersed in reading laws and legal updates.

A Tennessee business law attorney provides you with the legal knowledge and advice you need in order to make sound and well-reasoned decisions concerning the future of your business. With the business law team of attorneys at Douglass & Runger, Attorneys at Law, you will be ready to deal decisively with whatever challenge or situation your business may face.

Advice and Assistance With a Variety of Business Law Issues

At Douglass & Runger, Attorneys at Law, we assist our business clients in tackling the legal issues and questions they encounter as they operate their businesses. From the first moments the business is formed until the time when the business ceases operations, we are there to lend our advice and knowledge to the business owner so he or she can confidently manage his or her company’s operations. Specifically, we provide legal counsel and advice on business law issues such as:

  • Business formation: When you are trying to form a new business, we can advise you of the various types of business entities available and the strengths and weaknesses of each. We will analyze the facts and circumstances of your case and advise you which business entity makes the most sense for you and your goals. We can also help you comply with the procedural requirements necessary to get your business officially registered.
  • Incorporation: A corporation is a popular business entity providing personal protection to its “owners,” the shareholders. From drafting the articles of incorporation and operating agreement to the first shareholders meeting and beyond, we will guide you through the process of setting up your corporation and ensure the legal requirements and procedures necessary for your corporation to comply with are followed.
  • LLC formation: The limited liability company (LLC) is a relatively new type of business entity. It offers business owners with many of the advantages of a corporation while retaining the operational flexibility and informality that some business owners prefer. In order for your LLC to be properly formed and registered, you must strictly comply with statutory requirements and instructions established by the Secretary of State. We can help you understand these requirements and make sure they are followed in your case.
  • Partnerships: Partnerships give business owners (referred to as “partners”) the chance to share in the management, profits, and losses of the business. While partnerships do not necessarily need any specialized documents to exist, the drafting and creation of solid operating agreements helps safeguard the partnership’s future and gives all owners a firm understanding of what is expected of them.
  • Commercial contract drafting: A contract that is poorly written is bound to cause litigation and headaches for the business owner. It pays to have a contract drafted by an attorney who is experienced in creating these documents. No matter the size or scope of your contract, the experienced contract drafting attorneys at Douglass & Runger, Attorneys at Law, are up to the challenge. We will take your instructions and directions and weave them into a legally-binding and easily-understood contract.
  • Buy and sell agreements: A buy and sell agreement (or buy-sell agreement) is a document designed to help protect the ownership of your corporation in the event an owner dies or is divorced. These documents give the remaining owners of the business the opportunity to buy back shares of the corporation’s stock as opposed to letting them fall into hands that may – or may not – have the corporation’s best interests at heart. It is important that these documents are properly drafted and executed in order for them to be able to provide the corporation’s owners with any meaningful protection.
  • Commercial litigation: Chances are good that at some point your business will be involved in a dispute that must be decided by a judge. When this occurs, you need a talented and aggressive commercial litigation attorney on your side. A commercial litigation attorney knows more than just the laws that applies to your dispute: he or she has the talent and background necessary to persuasively explain the pertinent laws to the judge or jury and present the facts that support your petition. This attorney will also take advantage of opportunities to favorably resolve your case before trial without causing harm or prejudice to your interests.
  • Partnership disputes: A partner in a partnership has certain rights and responsibilities. When these are not honored, a rift can develop between the remaining partners that can threaten the future of the entire partnership. We have successfully helped partnerships resolve internal disputes and conflicts without causing the dissolution of the partnership itself. We can ensure you and your fellow partners understand the law applicable your dispute and what each parties’ rights and responsibilities are in the situation. We can help bring the partners together and take action that preserves, instead of destroys, the partnership.
  • Corporate dissolution: When a corporation decides to end its “life,” it goes through a process in which its affairs are “wound up” and the business itself is dissolved. There are important duties to be performed during this time and our attorneys can help guide and direct the parties who are responsible for carrying out these duties. We will ensure that your business affairs are wound up quickly and responsibly, that the corporation’s creditors are treated appropriately, and that any remaining assets belonging to the shareholders are promptly distributed.

Contact Your Memphis Business Law Attorneys Today

When searching for a business law attorney, look for a law firm with a history of representing a variety of businesses through all manner of legal issues and problems. The seasoned team of Memphis business law attorneys at Douglass & Runger, Attorneys at Law, has the desired experience and knowledge necessary to help successfully resolve your business law dispute or question quickly. Contact us today at (901) 388-5805 and enlist their help in making your business successful.

2820 Summer Oaks Drive,
Bartlett TN, 38134
Douglass & Runger is an association of attorneys, not a partnership. Douglass & Runger serves clients in the greater Memphis area, including Arlington, Bartlett, Collierville, Cordova, Germantown, Lakeland, in addition to the surrounding counties, including, but not limited to, Chester County, Fayette County, Hardin County, Hardemann County, Lauderdale County, Madison County and Tipton County Tennessee. The information contained herein is for informational purposes only and should not be construed as legal or tax advice. The transmission or receipt of any information on this website is not intended to, nor does it create, an attorney-client relationship. If you have any questions, or would like to set up a consultation to discuss your case, please contact us at help@douglassrunger.com , all rights reserved.

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