Business Organizations & Not-for-Profit Corporations Lawyer

Glens Falls lawyer Neil H. Lebowitz assists clients plan and implement organizational life cycle activities for their businesses and not-for profit corporations, from business formation through organizational dissolution and the wrapping up of company affairs.

Legal Services for New York Business Organizations

Choice of Entity

Working with the client and its tax advisor, Neil Lebowitz can help a client choose an appropriate form of business organization in which to operate its business. Organizational forms include:

• Proprietorships
• Partnerships
• Joint ventures
• Limited liability companies
• Corporations

While the choice of organizational form is usually based on the legal status of the business, the duration of its existence, the concentration of business management decision making authority, limits on owner liability, and the free-transferability of ownership interests, the primary determinants of choice for many small businesses tend to be income tax considerations, management structure, and owner liability limits.

Governance

In addition to the choice of business form, Lebowitz helps clients plan the governance of their business organizations through the preparation of corporate bylaws, limited liability company operating agreements, and other contracts which relate to company management and control, like voting trusts.

Corporate Finance

The law office of Neil Lebowitz assists small businesses with their financing needs through the negotiation, documentation, and closing of debt and equity financings, including bank and non-bank loans.

Mergers, Acquisitions & Business Exit Strategies

Neil Lebowitz can help business owners and their organizations develop and implement exit strategies for the owners through the preparation of buy-sell and redemption agreements that are triggered by change of life events, such as death, disability, retirement, bankruptcy or dissociation. Lebowitz can also help a business and its owners merge or consolidate their company with another entity, or dissolve the organization and liquidate the assets for a final distribution to the owners.

Legal Services for New York Not-for-Profit Corporations

Corporate Purpose

Non-profit corporations have a need for legal counsel. These needs differ from those of for-profit entities because of the non-profit’s corporate purpose, which might be charitable, educational, fraternal or religious or a homeowner’s association, among other things. Differences also arise because not-for-profit corporations don’t have equity owners. They have members or a self-propagating board of directors.

Corporate Formation, Governance & Finance

Neil Lebowitz can assist non-profit corporations with their incorporation and corporate governance needs through the preparation of appropriate organizational documents. In addition, with the assistance of the organization’s financial advisor, he can assist with the entity’s financing and capitalization, be it through dues and assessments, grants, or the issuance of capital certificates, subventions or other debt obligations. Lebowitz also can help an organization if it chooses to merge or consolidate with another not-for-profit or it dissolves and distributes its assets to another non-profit or to a governmental entity, as permitted by law.

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