Business and Contract Law

Poughkeepsie Business Consulting Attorneys

Knowledgeable and Personalized Legal Services

Daniel McCabe and Christopher S. Coleman are experienced commercial/business lawyers offering legal counsel for those who buy or sell businesses. Whether you run a small business or a big corporation, businesses of all sizes face various legal challenges during operation. In order to deal with these issues head on while focusing on your business goals, an experienced consulting attorney can help you understand any legal situation and properly react.

McCabe, Coleman, Ventosa & Patterson PLLC provides the following business consulting services: 

Advice – From business and administrative law to employment and labor law, our legal team can ensure your business complies with all state and federal regulations. For specific issues, such as contract disputes and potential litigation, having our Poughkeepsie business consulting lawyers may provide knowledgeable legal assistance.

Collecting documents – Our attorneys can prepare legal documents, from various contracts to employment policies. Additionally, businesses must file legal documents with the court, which is why we can ensure the paperwork is properly complete and submit them.

Defense – If your company becomes involved in legal proceedings, our firm can defend you and protect your rights and best interests. We can thoroughly review your case, present all your available legal options, and help you obtain the best possible outcome inside or outside the courtroom.

Ready to Provide Experienced Legal Advice

Do not hesitate to consult with our experienced and skilled lawyers. Let us help you make the best decisions for you and your company. Our firm provides consulting on the formation of businesses, shareholder agreements, contract drafting and review, and real estate transactions.

Poughkeepsie Buying and Selling Business Lawyer

Buying and Selling Businesses in the Hudson Valley

Buying or selling a business can be an exciting endeavor. However, you should always retain a knowledgeable lawyer to protect your interests and research the risks and potential liabilities of a transaction. Daniel McCabe and Christopher S. Coleman are experienced commercial/business lawyers providing legal representation for those who buy or sell businesses.

The Process of Buying & Selling a Business in New York

Although the purchase and sale of a business can be significantly lucrative for every party involved in the transaction, there are many steps that must be taken to properly address and consider every aspect of the transaction, reduce the risk involved, and maximize all the benefits.

The following are the some of the steps involved to buy or sell a business in New York

Letter of intent – If you are interested in a specific company and want to begin negotiations, you must draft and send the company a letter of intent, which is a detailed guideline of the transaction.

Non-disclosure agreements – Since you need to know every detail about the target company, including confidential information such as operational processes, trade secrets, and customer information, in order to make a completely informed decision, you must sign one or more non-disclosure agreements to ensure the target company’s confidential information remains private.

Due diligence – This process entails analyzing the target company’s debts, assets, financial accounts, customer base, commercial agreements, contracts, employment, securities, and other potential legal issues to make an informed decision on the transaction.

Negotiation – When the transaction has been approved, all parties must negotiate and draft a purchase and sale agreement, which is a legally binding contract that lays out every term of the sale, such as final price, structure of sale, purchases and excluded assets and liabilities, warranties, and other rights.

Let Us Assist Your Purchase or Sale Today

As you can see, buying or selling a business can be a complex and meticulous process, which is why you need a qualified legal professional to help you navigate the intricacies of the transaction. Let our Poughkeepsie business and corporate attorneys help you make the best decisions possible to ensure long-term success in your business endeavors.

Poughkeepsie Contract Dispute Lawyer

Contract Negotiation & Disputes

Any business owner should know how important contracts are to the stability and security of their entity. It takes time and effort to create a contract that can be agreed upon by all parties involved. The purpose of a contract is to avoid unnecessary disputes during the business' lifetime. A well-drafted contract fully outlines most of the major details relevant to a business transaction so that the business can run smoothly and avoid unnecessary conflict. It is important to have the assistance of a legal professional who thoroughly understands business and contract law and will be able to help negotiate an agreement that covers all the relevant and necessary items. The contract should clearly outline all terms and conditions so that there is no confusion if a dispute should arise.

When a contract has been clearly outlined in the manner above, it is reasonable to expect that it be fully complied with. This, however, is not always the case. A contract dispute may occur, whether the terms of the contract are violated by the opposing member or one member has been falsely accused of debasing the contract. Often, an experienced and skilled attorney can assist in resolving disputes without the need for costly and time-consuming litigation and in a manner that allows business to proceed. Other times, however, issues may need to be litigated in court. At McCabe, Coleman, Ventosa & Patterson PLLC, we know that every case is unique, and we have the experience, knowledge and skill to devise a legal strategy specifically tailored to your situation.

Our Legal Team is Ready to Help You Today

Our Poughkeepsie contract dispute lawyers at McCabe, Coleman, Ventosa & Patterson PLLC are fully committed to providing excellent client service. In addition to being experienced attorneys, many of us are small business owners as well. We understand the realities of doing business in today’s world and can help guide new and existing business along the way. Whether you need help drafting and negotiating a contract that will be enforceable and productive, or you need help dealing with a breach of contract, the business law attorneys and civil litigation attorneys at our firm can assist you.

Poughkeepsie Legal Due Diligence Lawyer

Due Diligence & Negotiation in the State of New York

When it comes to buying or investing in a business. it is up to the purchaser to investigate a transaction thoroughly before moving forward. If you fail to do the necessary research, and the transaction turns out to be unfair, you will not be able to rely on consumer protection laws.

Fortunately, McCabe, Coleman, Ventosa & Patterson PLLC are happy to take on this challenge on your behalf through legal due diligence and negotiation. We carefully examine every aspect of your commercial real estate transaction deal and recommend a sound course of action for you to move forward. In addition, we are prepared to negotiate intensely to help you obtain a fair outcome.

What You Should Know About Legal Due Diligence

Legal due diligence occurs when a company or investor is interested in buying or investing in a business. The process consists of an investigation to gather and review documents and key employees to learn about the workings of a business, so the buyer can make an informed decision.

There are three main types of legal due diligence: accounting due diligence, business due diligence, and intellectual property due diligence. These are generally performed to prepare for an acquisition, merger, licensing, or any other business transaction.

The main purpose of due diligence is the know the following types of obligations from a prospective business:

• Debts
• Agreements, such as long-term and distribution
• Contracts
• Leases
• Compensation
• Warranties
• Pending lawsuits

Obtaining both good and bad information through due diligence helps assess risk and will be used during negotiations. Any potential issues could also delay closing the deal and ensure all parties are satisfied with the agreement.

Ready to Help You Secure a Positive Transaction

No matter what your business objective is, our Poughkeepsie due diligence attorneys are committed to helping you understand the value of the target company, find potential issues, evaluate weaknesses, and avoid other possible legal issues. Let us handle all the legal research while you focus on accomplishing your business endeavors.

Poughkeepsie Liquor License Attorney

Helping you Obtain and Obey the Liquor Authority Laws in Hudson Valley

Daniel McCabe and Christopher S. Coleman are experienced commercial/business lawyers offering legal counsel for those who intend on selling alcoholic beverages and are in need of a liquor license. No matter what type of business you run, if you intend to sell alcoholic beverages, you must obey the rules and obtain the necessary licenses from the New York State Liquor Authority (NYSLA). If you have an issue with your liquor license, we will stand by your side to fight on your behalf.

New York Liquor Laws

New York is a licensing state, which means the state issues licenses to entities that will either manufacture or sell alcoholic beverages. The distribution of alcoholic beverages in New York involves a three-tier system: manufacturers, wholesalers, and retailers.

For example, manufacturers and wholesalers must obtain a wholesale license to manufacture, stock and distribute alcohol to retailers. On the other than retailers such as restaurants and bars must obtain a retail license to sell and/or serve alcohol beverages to consumers.

The New York State Liquor Authority (SLA) upholds and enforces the state’s Alcoholic Beverage Control Law (ABC). Businesses must comply with these requirements or else they face serious sanctions. In order to obtain a license, companies must submit extensive documentation detailing income and finances, mortgage and leasing, and other business aspects.

Ready to Help You Immediately

Whether you own a bar, restaurant, liquor store, brewery, winery, or any other alcohol establishment, our firm will facilitate the processing of your applications and permits. If your business is involved in litigation, we have the experience and knowledge to protect your rights and best interests throughout the court process.