McNally Peterson, S.C. | Business
Call Us at 414-257-3399
Practice Areas

Business

BUSINESS AND COMMERCIAL LAW

We represent corporations, companies and partnerships, including closely-held and privately-held family businesses, tax-exempt corporations and professional practices in:
 
  • Negotiating business acquisitions and sales
  • Forming business entities
  • Preparing buy-sell agreements and succession plans
  • Preparing contracts between businesses and their owners, customers, vendors, employees and financial institutions
  • Resolving disputes between business owners 

BUSINESS FINANCE

Having worked on both the borrowers’ and the lenders’ sides, we have the advantage of knowing what is reasonable under a variety of market conditions. The firm’s work for both business borrowers and lending banks includes:
 
  • Commercial term and revolving loan transactions
  • Business loan documentation for lenders

MERGERS AND ACQUISITIONS

We assist clients in buying, selling and restructuring businesses. Examples include:
 
  • Helping clients clarify their goals and strategies for the proposed transaction
  • Determining which business entity best suits the transaction
  • Structuring offer letters and letters of intent, preparing asset purchase and stock purchase agreements and necessary contracts

CONTRACT LAW

Our lawyers negotiate, draft and review contracts defining the rights and responsibilities of clients in business transactions. We advise on a broad array of contracts and agreements, including:
 
  • Partnership and shareholder agreements
  • Vendor/supplier contracts
  • Operating agreements
  • Buy-sell agreements
  • Employment contracts and non-compete agreements
  • Real estate leases
  • Equipment leases

PARTNERSHIPS

We create, structure and help implement partnerships to meet our client’s objectives in business, professional, real estate and technology ventures. We can explain the advantages of each structure, and when you have made your decision, will craft the appropriate partnership agreement. We work with entrepreneurs and professionals in the following structures:
 
  • Limited partnerships
  • Limited liability partnerships (LLPs)
 
LIMITED LIABILITY COMPANIES

We advise on the pros and cons of limited liability companies (LLCs), creating and structuring LLCs to meet client needs.  We specialize in start-ups and other new ventures and our advice includes:
 
  • Evaluating the implications of this structure in terms of personal liability
  • Reviewing and explaining the reporting requirements
  • Advising on tax treatment and strategies

CORPORATIONS AND OTHER PROFESSIONAL ENTITIES

Our firm represents legal, medical, dental, architectural, engineering and other professional practices, ranging in size from solo practitioners to much larger groups.  Our services are comprehensive and include:
 
  • Creating and documenting the business entity
  • Preparing buy-sell, employment and restrictive covenant agreements
  • Counseling when firms break up or when state licensing problems occur

INTELLECTUAL PROPERTY
 
We represent businesses in researching and reviewing potentially conflicting trademark registrations and advising and assisting them in filing trademark registration applications with the U.S. Patent and Trademark Office.  Our services include:
 
  • Procuring, managing and enforcing IP portfolios, including trademarks, copyrights and trade secrets
  • Intellectual property transactions related to events such as company mergers and acquisitions, or in preparation for litigation

EMPLOYMENT LAW

We represent employers and employees in a range of matters involving:
 
  • Preparation of employee handbooks and personnel policies
  • Discipline and discharge
  • Severance agreement negotiations
  • Drafting non-compete and non-disclosure agreements