New York Corporate And Business Law Issues

Aug. 9, 2011 - PRLog -- Joshua Ketover

Business and corporate law issues confront New York business owners every day. According to business and corporate law attorney Joshua Ketover of Ketover & Associates in Garden City, New York, today’s demanding business environment demands that business owners and entrepreneurs consult proactively with an experienced business and corporate lawyer to preempt potential legal problems before they actually develop.

Many lawyers point out that it is easier to invest in legal counsel before a business problem develops, rather than having to react and respond to a potentially serious business legal problem.

Mr. Ketover observes that this type of attorney should have extensive experience in business and corporate law. They can assist our corporate clients in structuring their business and solve problems quickly and effectively. The most qualified business and corporate attorneys can assist in the areas of:

   - Formation of new businesses, partnerships, LLCs and corporations
   - Shareholder agreements, operating agreements, partnership agreements
   - Buy-Sell agreements
   - Negotiate and prepare business documents and contracts
   - Handle disputes, collection or litigation
   - Obtain permits and approvals from local, state and federal governments

Mr. Ketover also points out that a corporate law attorney is needed in many aspects of a business and its affairs. Legal documents might be required to properly incorporate a new company to ensure that the exact paperwork is filed with proper governmental agencies. Business attorneys can assist with many legal tasks and step in when negotiations are needed. Corporate law is a very broad term and affects different attorneys that practice in this field, accounting for diverse duties and regulations.

The fifty states, including New York, have a governmental department of state that registers the corporations, both profit and nonprofit, operating in that state with the help of corporate law attorney firm. When a group of people decides to launch a new business enterprise, the first decisions that should be considered are how the new company will be structured within the legal framework. Proprietorships and partnerships are relatively easy to structure, but forming a corporation is more complicated than the relative business. A New York business and corporate law attorney can also guide and assist the founding members to create a board of directors according to the law frame and its regulations.

The essential paperwork filed with the state ensures that the corporation is following all of the state acts and regulations. Similarly, a New York business and corporate lawyer can guide a group that wants to set up a nonprofit corporation within the required paperwork and legal strategies. It doesn’t matter whether the newly formed corporation is a for-profit business or a nonprofit organization. When the organization is properly established, it becomes a legal entity that is separate from its owners and its holders. Corporations are taxed separately from stockholders or boards of directors and a tax professional, such as an accountant, will be needed to help the new business enterprise set up suitable bookkeeping systems and records. In the case of litigation, a business’s chief executive officer will most definitely want to seek the services of a corporate law attorney who can effectively advocate on the company’s behalf.

For more information about New York Business and Corporate Law Issues, visit http://www.ketoverlaw.com or call 877-703-2000.

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Ketover & Associates, LLC. Located in Garden City, New York, handles matters before all state and federal courts in Nassau and Suffolk Counties, all five boroughs of the City of New York, as well as the courts of Westchester. They strive to provide their clients with the best legal representation by combining the power and effectiveness of a large firm while maintaining the intimacy and service of a boutique law office.