Business Organizations & Not-for-Profit Corporations

Glens Falls lawyer Neil H. Lebowitz assists clients in planning and implementing organizational life cycle events and activities for their business organizations and not-for-profit entities, from entity formation through organizational dissolution.

Legal Services for New York Business Organizations

Choice of Entity

Working with a client’s tax advisor and other financial consultants, Lebowitz can assist clients in selecting an appropriate form of business organization in which to operate a business — be it a sole proprietorship, partnership, joint venture, limited liability company or corporation. While the choice of business form is typically based on the legal status of the business, the duration of its existence, the centrality of management, limitations on owner liability, and the free-transferability of ownership interests, the main determinants of choice tend to be income tax considerations, management structure, and limitations on investor liability.

Governance

The law office of Neil Lebowitz helps clients develop governance procedures for their business organizations through the preparation of corporate bylaws, limited liability company operating agreements, partnership agreements, and other contracts which relate to management and control, like voting trust agreements.

Capitalization

Lebowitz assists clients to capitalize their companies through the negotiation, documentation, and closing of non-public debt and equity financings.

Exit Strategies and Mergers & Acquisitions

Lebowitz helps clients and business organizations develop exit strategies for owners through the preparation of buy-sell and redemption agreements. These can be triggered by change of life and other events, such as death, disability, retirement, bankruptcy, and dissociation. Finally, he can represent the business and its owners if they decide to merge or consolidate the company with another entity or dissolve it and liquidate the assets for a final distribution.

Legal Services for New York Not-for-Profit Corporations

Formation and Governance

Non-profit corporations need legal counsel. These needs, however, 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 homeowners’ association, among other things — and because the organization doesn’t have equity owners, but rather members or a self-propagating board of directors. The law office of Neil Lebowitz helps non-profit corporations with their incorporation and corporate governance needs through the preparation of appropriate organizational documents.

Capitalization and Finance

Working with the not-for-profit's financial advisors, Lebowitz can assist the corporation with its capitalization and financing, be it by capital certificates, subventions or debt obligations.

Merger and Dissolution

The law office of Neil Lebowitz can assist 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.

For More Information

Call or write Glens Falls attorney Neil H. Lebowitz for additional information on the legal services he can provide to your upstate New York business or not-for-profit corporation.