During the pandemic response, Lakelaw remains fully operational with our lawyers and staff working both at the office and from home. We are consulting with our clients daily, negotiating and executing transactions, and counseling businesses who are formulating a plan for survival in the future. We are also participating in virtual court proceedings to the extent the same are conducted.
The form of entity selected for the conduct of a business greatly impacts the daily operations of the business and the income tax consequences to both the business and its owners. Costello & Costello, P.C. assists business clients with this step of business formation by reviewing the goals and individual facts present in each situation to recommend the best entity—selecting from limited partnerships, general partnerships, limited liability companies, corporations, nonprofits, and the different elections or options available under each format. We counsel each client on every aspect of their business such as creation of corporations, S-corporations, and LLCs in New York. Preparation of minutes for annual meetings of shareholders and directors. Preparation of by-laws. Preparation of shareholder and subscription agreements. Preparation of Shareholders Agreements. Organization of corporation and issuance of shares. With respect to LLCs, preparation of operating agreements. Preparation of partnership agreements.
Business and Commercial Law
Whether building or acquiring facilities or equipment, contemplating business mergers or acquisitions, contracting for the purchase or sale of goods and services, developing policies, procedures, plans and agreements concerning employees and independent contractors, or simply attempting to comply with the constantly-growing array of rules, regulations, codes, ordinances, statutes and laws affecting New York businesses, we deliver solutions for our business and corporate clients. At Costello & Costello, P.C., we have counseled and represented a variety of businesses on every aspect of their most prized investment, their time in building a business.