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McDaniel
Legal PLLC |
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Business Formation and Structure Commercial Transactions / Contracts |
Business
Legal Services McDaniel Legal, PLLC specializes in meeting the business legal needs of growing businesses. The firm takes pride in understanding the business needs and objectives of clients so that it can effectively and efficiently help them to form, structure, fund, operate and grow their businesses. Business Formation and Structure: From inception, businesses need to make informed decisions related to choice of entity, ownership structures and governance. These decisions are dependent not only upon the objectives of the business and its owners, but also upon other factors such as financing needs and plans, tax considerations, employee matters, governance styles, and contingency planning and risk analysis. We have helped many clients in diverse industries and with varying business goals to form the appropriate business entities and create effective yet flexible structures for their businesses. Corporate and LLC Governance: Most business owners want to focus on the strategic and tactical activities required to make their business successful. They often feel overwhelmed by the additional responsibilities and formalities that are legally or contractually imposed upon their business entities, directors or managers, governance committees, and executive officers. We create efficient governance structures for our clients' businesses, educate clients on their required obligations and assist them with governance compliance and maintenance. Commercial Transactions / Contracts: Contracts for the sale of good and services are the essential documents relied upon by growing businesses. For the product/service seller, the sales contract represents the activity most integral to the success of its business. On the other side, the buyer is often purchasing strategic products/services required for its business. In addition to the sales contract, we have expertise in drafting and negotiating a wide variety of other business contracts including loan and security agreements, leases, licensing, distribution, services agreements, agency and commission ad employment agreements. We know the complex issues and pitfalls that have been faced by parties with poorly drafted and incomplete contracts and ensure that clients address these matters during the contract negotiation process. Mergers and Acquisitions: We have worked with acquirers, target companies, shareholders and management in over a billion dollars worth of negotiated private company mergers and acquisition transactions and thus are expert in the unique issues that need to be addressed in these often time sensitive strategic transactions. Joint Ventures/Strategic Alliances: The firm has extensive experience structuring and negotiating joint ventures and strategic alliances. We recognize that these transactions are driven primarily by business (not legal) factors that are unique to each and every deal. We acknowledge the importance of truly understanding the business objectives and risk of a given transaction prior to rendering legal advice and are thus able to best advise clients on the most effective vehicles and legal structures. Financing Transactions: A crucial element to the commencement and expansion of any business is financing. It is important that businesses have a long term perspective when deciding upon financing alternatives. We help clients to understand both the benefits and disadvantages of their financing options and we help them to structure, negotiate and document their financing relationships with banks, friends and family, angel investors, venture capital investors and/or strategic partners. Transactional Intellectual Property: Many business strategies involve the commercial exploitation of intellectual property such as trademarks, service marks, software or other technology. The firm has extensive experience negotiating and structuring licensing transactions on behalf of both licensors and licensees. We work to ensure that our licensor clients retain the adequate quality controls and legal rights to protect themselves from loss of value or intellectual property rights. For licensees, we demand that the licensing agreement assures them of getting the rights they need based on their business goals and that they are not subjecting themselves to infringement liability by using intellectual property of others.
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McDaniel
Legal, PLLC
7400 Beaufont Springs Drive, Suite 300
Richmond, Virginia 23233
