Corporate Law Attorneys in
Fall River, Massachusetts
Starting and dissolving a business involves plenty of legal paperwork that you may not completely understand. Running a company requires contracts with other businesses and vendors, and you want to cover all of the bases to protect your investments. When business disputes arise, you need a corporate lawyer experienced in commercial litigation to resolve the matter. You can trust us to represent you properly and fiercely defend your company’s reputation.
Choosing the correct structure for your business is extremely important to your daily operations and impacts the amount of taxes you pay. It also affects your funding, personal liability, and the paperwork to be filed. You can inadvertently run into several complications if you select the wrong business structure.
For example, non-profit organizations have a tax-exempt status that must be filed with the IRS and the state. The process for filing with both government agencies differs, and the rules non-profits must follow are unlike the guidelines of other structures.
Low-risk businesses can use a sole proprietorship structure, but raising money is difficult without the ability to sell stocks. Also, your business and personal assets and liabilities aren’t separate, so you are responsible for any business debts incurred.
LLCs protect your personal assets, so if you should need to file bankruptcy, you won’t lose your house, vehicle, or any other property you personally own. There are many other structures to choose from, and our attorneys can help you decide which is best for your business needs.
As a business owner, you will need contracts to manage your day-to-day dealings. There is always binding paperwork to sign before closing a deal, whether with your commercial landlord, utility companies, employees, and clients. Contracts are necessary to hold each party responsible if they do not hold up their end of the deal.
As experienced corporate attorneys, we can assist anyone in Fall River, Massachusetts, or the surrounding areas of Bristol County, Plymouth County, New Bedford, Taunton, and Wareham, in preparing clear, concise contracts.
Unfortunately, contract disputes are not rare, even when you believe you’ve taken all the necessary steps to avoid them. Conflicts regarding compensation or pricing may arise. Disputes about the amount of time it takes to fulfill contractual obligations or how long-lasting or binding the contract are also common occurrences. Breaches of contract can upset your daily operations resulting in lost revenue.
Having a corporate lawyer review the contract before signing it can save you money in the long run. If it has already been signed, we are ready to look into the matter and help you find the right solution.
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When you have employees, you must remain compliant with Massachusetts labor laws. The state enforces maintaining business insurance, minimum wage requirements, payments to employees, sick time, breaks, and more. We will provide you with the information needed to follow these rules and avoid employee disputes.
If you are an employee who believes your rights have been violated, we can look into the issue and address your employer. You are entitled to breaks and a schedule that meets the minimum requirements of the law.
The process for dissolving a business depends on its structure. Sole proprietorships are generally easy to dissolve as no formal registration was filed with the state. Paying off debts, closing credit accounts, maintaining records to file taxes, and notifying the IRS usually takes care of the dissolution.
LLCs are a bit more involved since formal paperwork is sent in after a vote has been taken to move forward with dissolution. All licenses and permits need to be canceled with the Secretary of the Commonwealth.
A business attorney can oversee the process is done correctly. If it’s not, you could be liable for thousands of dollars in fines years after you stopped doing business.
Reach out today for assistance with all of your business needs. No matter what stage your business is in, we are competent corporate law attorneys with over 25 years of experience who want to guide you through the process. Stop waiting and call us now if you’re seeking compensation from your employer due to a labor law violation in Fall River, Bristol County, Plymouth County, New Bedford, Taunton, or Wareham, Massachusetts.