Succession planning is a critical aspect of managing small, closely held businesses, as the unexpected departure of a key leader can significantly disrupt operations and challenge the business's legal...
Entering into a letter of intent for an office lease agreement? Consult our playbook for valuable key provisions, alternative language provisions, and guidance for both landlords and tenants. Download...
In the complex world of M&A transactions, transition services agreements (TSAs) serve as critical bridges between deal closing and operational independence thus creating stability during organizational...
This practice note covers key legal and regulatory issues to evaluate, questions to ask, and documents to review in medical device or diagnostic technology deals, including M&A, investments, financings...
Limited liability companies (LLCs) are commonly formed to acquire and own real estate projects and parcels while limiting its members’ liability. LLC operating agreements usually outline the rights and obligations of the members, including allocation of net profits and losses and distribution of LLC assets. Use this operating agreement for a member-managed New York LLC with multiple members. See the Related Content below for LLC operating agreements for other states.
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