Choose the Right Legal Entity for Your Business
Each business is unique. When it comes to determining which legal entity is the best fit, you must consider a variety of unique factors, from risk appetite to capital needs to ownership structure.
- Corporations: A corporation is an appealing entity because this formation option protects the shareholders from personal liability. This means that plaintiffs in a legal suit can generally only claim corporate assets if a corporation has the required “corporate formalities” in place.
- Limited Liability Companies: LLCs are similar to corporations in that they shield owners from individual liability, but different in that they are less rigidly regulated. This entity has flexibility when it comes to taxation and strong asset protection.
- Sole Proprietorships: This form of entity is the simplest and most commonly chosen business structure. There is no distinction between the business and the owner, so you are responsible for all losses, liabilities, and debts. That makes this formation structure incredibly risky. However, you are also entitled to all profits.
Navigate Contractual & Business Disputes with Confidence
After setting up your business, you must protect it. To ensure that your business’s best interests are always prioritized, put an experienced attorney in your corner. Our legal team has drafted countless ironclad contracts and we are prepared to help you create a document that anticipates any possible issues with vendors and employees.
In addition, our extensive trial experience makes us excellent advocates in contractual and other business disputes. Our systematic approach to litigation ensures that we explore every avenue to the benefit of our clients.
Execute Commercial Financing Transactions with Ease
As part of our services, we work with our clients to negotiate and execute commercial financing transactions. Our experience allows us to structure deals to fit our clients' short and long-term goals. We understand that no two businesses are the same, and we make sure that our services meet your individual needs.
Schedule a Free Consultation in Stamford, Connecticut
At the Law Offices of Peter V Lathouris LLC, we don’t just fight hard for our clients. We fight to win. You can trust that, when you put your business’s fate in our hands, we’ll do everything in our power to advocate for the results you need. When a legal issue threatens what you’ve worked so hard to build, get the protection you deserve. Schedule a free consultation with our attorneys in Stamford, Connecticut, today. We serve businesses in Fairfield County and New Haven County.