Sentences with phrase «closely held companies»

Small closely held companies are more susceptible to this since you're name is on everything you sign and are more likely personally liable to creditors and contractors, and its easier for small LLC's to commingle assets.

These agreements are crucial for small and closely held companies, as in many cases, the death or disability of a business owner creates a significant financial burden on the business as well as the remaining partners.

For example, suppose you are a corporate lawyer who has written an article for the local business journal and spoken to the corporate bar about the importance of shareholder agreements in closely held companies.

He assists individuals, closely held companies, and larger... Read more»

«It is a basic fact in finance literature that there is a liquidity premium for easily saleable, publicly traded securities, and an illiquidity discount for closely held companies whose stock is not saleable.»

He has extensive experience with business formation, corporate governance, buy - sell agreements, a variety of business contracts including sales, purchase, manufacturing, supply, distributorship, and non-disclosure agreements, and assisting closely held companies in their corporate law matters.

In addition, we specialize in controversies between taxpayers and the Internal Revenue Service and the Massachusetts Department of Revenue and disputes in the context of closely held companies.

She was selected by Best Lawyers as the «Oklahoma City Closely Held Companies and Family Businesses Lawyer of the Year» for 2015, «Oklahoma City Trusts and Estates Litigation Lawyer of the Year» for 2016, «Oklahoma City Business Organizations Lawyer of the Year» for 2017, and «Oklahoma City Tax Litigation and Controversy Lawyer of the Year» for 2018, honors only given to a single lawyer in each legal specialty in each market.

In addition to being an elected fellow of the prestigious American College of Trust and Estate Counsel, Susan's achievements have also earned her inclusion in The Best Lawyers in America (business organizations; closely held companies and family businesses law; non-profit and charities law; tax law; tax litigation and controversy; trust and estates; trust and estate litigation) and Oklahoma Super Lawyers, where she has been named to its exclusive «Top 25 Women Lawyers» and «Top 50 Oklahoma Lawyers» lists.

Over the years, we have represented every kind of business — from small, closely held companies to Fortune 500 companies — in every kind of case — from commercial real estate disputes to alleged securities fraud to fights among business partners.

In addition to representing established corporations, the Firm thrives on representing startups, entrepreneurs, shareholders of closely held companies, professionals, corporate executives, and sales reps. TMB provides a broad range of services including advice and counseling, contract drafting, dispute resolution, and litigation in the following primary areas:

Named «Best Lawyers» 2018 «Oklahoma City Lawyers of the Year» were Timothy J. Bomhoff for product liability litigation defense, W. Chris Coleman for both securities regulation and venture capital law, Robert W. Dace for mass tort litigation / class actions defense, Elizabeth L. Dalton for franchise law, Spencer W. Haines for closely held companies and family businesses law, Henry D. Hoss for construction litigation, and Susan B. Shields for tax litigation and controversy.

In his practice, he offers strategic counsel to closely held companies on contract negotiations, labor and employment, commercial disputes and acquisitions.

Defended federal litigation against officers and directors of a large, multistate privately held construction company that is part of a group of closely held companies involved in real estate finance and development.

A broad range of experience representing both plaintiffs and defendants in litigation - from small, closely held companies to Fortune 500 companies - in every kind of case - from commercial real estate disputes to alleged securities fraud to fights among business partners.

For many owners of closely held companies, an ESOP is an ideal solution.

How ESOPs Work Most ESOPs are set up to provide a transition for owners of closely held companies, although some, like at Mud Bay, are used more as an employee benefit meant to share rewards and engage employees.

The focus of our firm is on providing audit, business advisory and special examination services to closely held companies, proprietary, nonprofit and health care centers.

This works in closely held companies because the identity between ownership and management and effective political power of the owners in corporate governance is sufficient to make sure that the entity distributes enough money to allow the owners to pay taxes on profits that are earned.

Equally important, almost all closely held companies are now taxed on a pass through basis in which entity profits are directly taxed to the beneficial owners when they are earned whether the profits are distributed or not.

Entities affiliated with BDT Capital Partners, a Chicago - based merchant bank that provides long - term private capital and advice to closely held companies, also are investing alongside JAB.

For hedge funds and truly huge closely held companies (like, say, Hobby Lobby), the incomes involved are even higher.

3 Star The majority of the individual's fortune is tied to closely held companies or public companies for which transparent information is unavailable.

The value of closely held companies adjusts daily based on market moves for peer companies or by applying the market movement of a relevant industry index.

A standard liquidity discount of 5 percent is applied to most closely held companies where assets may be hard to sell.

Because most ESOPs in closely held companies take place in situations where the founding owner wants to retire and cash out of the business, the issue of diluting profit per share and diluting the ownership and governance rights of majority shareholders is not a material issue in these cases.

For a review of the accounting and tax issues for equity compensation plans, see http://www.nceo.org/Accounting-Equity-Compensation/pub.php/id/2/ For closely held companies that do ESOPs, the dilution issue is generally a non-issue.

As noted, for ESOPs in closely held companies this is not an issue since, typically, the entire company is being sold to the employees, and managers and the exiting owner are not focused on the dilution of the majority shareholder since that shareholder desires to cash out its majority equity.

(Washington, D.C.: Committee on Education and the Workforce, February, 13, 2002), http://archives.republicans.edlabor.house.gov/archive/hearings/107th/eer/enronthree21302/kruse.htm Another study comparing a matched sample of ESOP versus non-ESOP firms in with similar industries and workforce sizes among closely held companies, again, using population data on all available US DOL data followed the ESOP firms before and after their adoption of the ESOP from 1988 to 1998 along with the matched firms and found that 20 % of the ESOP firms had a defined benefit plan before adopting their ESOP, and 10 years later, after adopting their ESOP, they had defined benefit plans five times more than non-ESOP firms), 33.3 % of ESOP firms had a 401 (k) plan before adopting their ESOP with 52.4 % 10 years later (five times more than non-ESOP firms), and 35.7 % of ESOP firms had a deferred profit - sharing plan before adopting their ESOP with 51.2 % 10 years later (five times more than non-ESOP firms).

ESOPs typically own about 5 - 25 % of stock market companies but more than 30 % of stock in closely held companies.

Closely held companies starting minority ESOPs would have to evaluate if the dilution is outweighed by the productivity and financial performance of the firm.

The 6,329 closely held companies with ESOPs have about 3 million workers and $ 263 billion in ESOP assets.

Employees own the shares through the trust, but closely held companies can control the voting of the trust on almost all issues if they so choose.

An ESOP allows owners of closely held companies to sell to an ESOP and reinvest the proceeds from the sale on a tax - deferred basis, provided that the ESOP owns at least 30 % of the company and certain other rules are met.

In last June's 5 - to - 4 Hobby Lobby ruling, which was divided along ideological lines, the high court said closely held companies have a right to special religious exceptions when it comes to the benefits they're required to offer their employees under the ACA.

Falcon Heavy is a large, reusable launch vehicle that will allow the closely held company to bid on heavier payloads than it can with its Falcon 9, such as big commercial satellites and national security missions.

SpaceX, the closely held company founded and led by chief executive officer Elon Musk — who also heads the electric auto manufacturer Tesla (tsla)-- is slated to demonstrate the maiden flight of Falcon Heavy, a larger and more powerful rocket, later this month.

An Ikea employee magazine in 2012 revealed that his three sons had been given more active roles at the closely held company.

He finally brought in outside investors in August 2013, when he sold a quarter stake in his closely held company to a consortium of Chinese state - backed companies.

Within hours of the decision, the University of Washington and Ambry Genetics, a closely held company in Aliso Viejo, California, said they would immediately offer expanded testing that included the BRCA1 and BRCA2 genes, which Myriad has had under patent since the late 1990s.

Started in 1920 by a former AP economics reporter, Kiplinger Washington Editors, Inc. is a closely held company managed for more than eight decades by three generations of the Kiplinger family.

Equal protection under the law means * equal * not asterisk, special pleading if you're a closely held company with specific religious views.

Venter's closely held company, La Jolla - based Synthetic Genomics Inc., has a $ 600 million deal with Exxon - Mobil Corp. to develop fuel from algae.

For one major reason: this is a micro-cap, closely held company.

Opperman was CEO of the closely held company in 1996 when it was sold to Thomson Corp. for $ 3.4 billion.

In re Marriage of Blazer, (August 25, 2009)(partially unpublished) The California Court of Appeal considered two issues of first impression: whether an owner's capital account in a small, closely held company should count toward his income for determining spousal support; and whether the ultimate support award, when combined with the disposition and division of the business as a going concern, constitutes an impermissible «double dip» into the income stream of the business and of the owner - spouse.

A typical example of a «narrow» arbitration agreement might be found in a buy - sell agreement that calls for the buyout of a manager's stock in a closely held company upon death at fair market value as of the date of death as determined by mutual agreement with an arbitrator chosen by some specified method determining the fair market vale as of the relevant date if the parties fail to reach a mutual agreement within X days.

The closely held company already owns or has interests in 48 million sq. ft. of office property around the world, with a $ 13 billion portfolio.

Not exact matches

That could prove a perilous prospect for the ACA, based on the High Court's recent ruling in Hobby Lobby, which said that closely - held companies can exempt themselves from key parts of their coverage requirements, such as for birth control products and services, based on their religious beliefs.

The company is closely held and somewhat press shy, so it's hard to know how successful it is.