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The best laid plans
of any business may go awry under normal
circumstances. During the current
economic difficulties, more and more
businesses are having to change course
to ensure the survival. The unfortunate
result is that many businesses are
cutting jobs and restructuring their
business relationships.
SePARATION
AgreementS &
SEVERANCE
PACKAGES
With years of
experience
representing
businesses and
employers, we
have the
know-how to
advise senior
management and
executive-level
employees by
reviewing and
negotiating
separation
agreements,
severance
packages, along
with any
settlement or
mutual release
of claims
proposed by the
employer.
EXECUTIVE
COMPENSATION
Our tax
attorneys can
advise the
executive about
the tax
implications of
a job loss.
Often an
executive is
entitled to
severance
payments
pursuant to an
executive
employment
agreement, or is
entitled to
equity
compensation
from a company
equity
compensation
plan. Our tax
attorneys can
advise the
executive about
the income tax
implications of
any severance
payments or the
vesting and
acceleration of
any equity
income or stock
options.
minority Partner
Buy-Outs
The executives who
manage a closely-held business often
have an ownership interest in the
business. Any termination of executive
may lead to the buy-out or redemption of
the executive's interest in the company.
Our corporate attorneys can review and
negotiate the terms of any partnership
buy-out or minority shareholder stock
redemption to ensure that the
transaction comply with the terms of the
companies governing documents such as
bylaws, partnership agreement or
shareholder agreement and the rights of
our client are protected.
SHAREHOLDER & PARTNERSHIP DISPUTES
We understand the
legal issues and possible claims, causes
of actions and defenses related to
shareholder or partnership disputes and
litigation.
Our attorneys also have
substantial experience handling lawsuits
involving partners in
partnerships or shareholders in closely-held
corporations.
CONTACT US
To speak to an
attorney about a reviewing or
negotiating a severance package or
shareholder or partner buyout,
please contact us
here, or call
713.650.9700.
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