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The business attorneys of Arnett, Draper & Hagood, LLP position the firm to understand clients' business situations, concerns and goals. The range of services provided by the Arnett, Draper & Hagood, LLP business practice group ranges from counseling prospective business owners about the type of legal entity that best suits their business needs to counseling existing businesses on such matters as employment issues, asset purchases, mergers and acquisitions, taxation, contract negotiations and sales and divestitures of businesses.

A summary of some of the more significant services provided by the business practice group of Arnett, Draper & Hagood, LLP is as follows:

Choice of Entity and Formation
  • Corporations (S and C Corporations)
  • Limited Liability Companies (LLC)
  • General Partnerships (GP)
  • Limited Partnerships (LP)
  • Limited Liability Partnerships (LLP)
  • Professional Corporations and Limited Liability Company/Partnerships (PC, PLLC and PLLP)

Mergers and Acquisitions
  • Review and analysis of financial statements of targeted businesses
  • Letter of Intent negotiation and preparation
  • Due Diligence Reviews
  • Asset ownership research and confirmation
  • Comprehensive Asset Purchase/Sale Agreements
  • Comprehensive Stock Purchase/Sale Agreements
  • Disclosure Schedules
  • Information research and compilation
  • Bills of Sale
  • Re-titling of acquired business assets
  • Re-titling of acquired corporate stock

Corporate Formation
  • Preparation and filing of Corporate Charter
  • Acquiring tax identification numbers and authority (both state and federal)
  • Preparation and execution of By laws
  • Preparation and execution of organizational documentation
  • Issuance of Stock Certificates
  • Preparation of Stock Restriction Agreements
  • Preparation and execution of Non-Solicitation and Non-Competition Agreements
  • Preparation and execution of Buy/Sell Agreements

Other Limited Liability entities
  • Preparation and execution of Articles of Organization
  • Preparation and execution of Operating Agreements
  • Obtaining tax authorizations (both State and Federal)
  • Preparation and execution of Buy/Sell Agreements
  • Preparation of Ownership Restriction Agreements

Leases and Purchases
  • Real Property
  • Personal Property
  • Negotiation and execution of construction contracts
  • Negotiation and execution of financing documentation
Employment and Ownership Contracts
Business Counseling
  • Boards of Directors
  • Shareholders
  • Officers
  • Managers
  • Partners
  • Attendance at Governance Meetings and Counseling with Management
  • Negotiation and preparation of Operational Contracts
  • Negotiation and preparation of Long Term Supply and Sales Agreements
  • Negotiation, review and preparation of the Loan Agreements and other financing documentation

  • Advising and counseling regarding tax compliance
  • State and Federal Tax Filing issues
  • State and Federal Tax Compliance Issues
  • Representing business clients in tax controversies

Business litigation
  • Bankruptcy Proceedings
  • Enforcement/Defense of Contract Claims
  • Litigation support for disputed business claims
  • Defending officers, directors, shareholders, managers, governors and members in business litigation
  • Click Here for more information concerning Litigation

Foreign Corporations
  • Litigation support for Tort or Contract claims
  • Domestication of foreign business entities
  • Tax controversies