Practice Areas
Preparation Of Operating And Shareholder Agreements
Planning Agreements To Secure The Future Of Your Business
Operating agreements are required for LLCs in New York. Shareholder agreements aren’t mandatory, but they’re critical to long-term stability. These documents define roles, responsibilities, and decision-making authority. If your business has more than one owner, an operating agreement or shareholder agreement is a must. Whether you’re launching a new venture or navigating a transition, a clear structure protects each party’s interests and prevents internal disputes.
Epstein & Weil LLC helps business owners understand, negotiate, and draft agreements for LLCs, corporations, partnerships, and joint ventures. Our firm can help you plan for your business through thoughtful analysis of the principals’ current and future relationships. A clear framework for allocating responsibilities is key to making a new enterprise work. We also prepare management contracts and other governance documents that give your business a solid foundation.
Epstein & Weil LLC can help you with understanding and drafting:
Don’t Overlook The Owner Agreement
Friction among the stakeholders is the downfall of many new businesses. If there is more than one owner, a written agreement is essential. We help clients negotiate operating agreements, shareholder agreements, and partnership agreements to clarify roles and responsibilities, as well as incorporate buy-sell clauses, a forum for settling disputes, and other considerations. A clear, individualized, and thorough agreement can avoid many conflicts between owners, partners, and investors and can prevent those that do occur from escalating to litigation in the event of disagreements, buyouts, freeze-outs, or business dissolution.
