FORMATION AND GOVERNANCE

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Advice regarding the selection of the entity structure that best suits your business and the establishment of a sound governance foundation that can withstand the internal challenges businesses face is the added value that skilled business law practitioners provide.

“Value-added advice from a competent business law practitioner includes information regarding the entity structure that best suits your company’s goals, as well as governance and management protocols that demonstrate stability to investors and lenders”.

M.E. Mims, Esq. helps businesses institute sound protocols, policies, and practices that provide equity holders with transparency, accountability, and security concerning matters of voting rights, management authority, right to receive reports and distributions; and how a company’s board / governing authority manages and oversees the company’s operations.

E. Mims, Esq. prepares governing documents for his client’s that address matters such as admissions and withdrawals, contributions and distributions, ownership, responsibilities, decision making rules or authority, business dispute resolution, governing rules for buyouts and transfers, and factors surrounding dissolution that demonstrate stability to investors and financial institutions.

Common formation and governance matters that M.E. Mims, Esq. assists clients with include:

  • Entity Formation Governance
    • Formation filings
    • Conversions & Reorganizations
    • Restatements
  • Entity Governance
    • Annual State Filings
    • Board/Manager/Owner Consents, Minutes, etc.
    • Ownership Agreements/Joint Venture Agreements
    • Acquisitions and Divestitures
    • Governing document (Bylaws, operating, shareholder, partnership agreements) preparation
    • Organizational Consents
    • Recapitalizations
    • Reorganizations
    • Dividend, distribution and liquidity plans
    • Stock / Member issuance & capitalization