Business Law

• Formation-Whether a new business decides to operate as a straight corporation, a subchapter S corporation, one of the various forms of partnership or one of the many other hybrids now available, it is important that all parties that will have a financial stake in the success or failure of the business knows the level of liability they are exposed to for the entity that is ultimately chosen. Tax consequences are but one area of exposure. Various entities have different levels of obligations to their customers and those with whom they contract, as well as the obligations they have to the other members of the operating group.
• Buy & Sell- Buy-Sell Agreements and Stock Redemption Agreements provide a way to shareholders to plan for the withdrawal of shareholders due to retirement, illness and disability, mental incompetence and, simply, change of interest of the shareholder. These agreements, when thoughtfully composed, can minimize the apprehension and maximize the certainty of the course events will take when one shareholder needs to withdraw from ownership. Proper planning can even include the purchase of life insurance to provide a fund for the payment to the withdrawing shareholder or to his or her family at death, while providing an asset the business can use for security in the meanwhile.
• Litigation- No matter how well a company anticipates its needs and diligently conducts investigations of the other businesses they rely on in order to remain in business, it is nearly impossible to avoid disputes at one time or another.Litigation can be a burdensome activity, sometimes requiring review of years' worth of documents generated by accountants, research and design professionals, insurance reviews, and so forth.
• Contracts- Contracts are the structure through which most daily activity is conducted. Proper terms and conditions serve to ensure that, when signing a contract to perform or provide payment, all parties have a clear understanding of what it is that is expected of them. Whether a client prefers to negotiate his or her own contracts and to simply have an attorney draft the document memorializing the agreement, or if it is preferable to have the attorney participate in the negotiation process, a company's contracts represent their most valuable assets.

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Michael M. Malinowski PLC
740 Alger Street, S.E.
Grand Rapids, Michigan 49507

Phone: (616) 475-4994
E-mail: mike@malinowskilaw.com

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