Business Services

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June 2019 Corporate

Current Scottsdale client desired to enter into new business and wanted to separate any liability associated with the new business from other businesses, including a real estate holding company.  DeAngelis Legal advised the client on choice of entity and created a new entity for the business.  In addition, DeAngelis Legal completed the funding of the [...]

By |2019-07-17T16:53:51-07:00July 15th, 2019|Real Estate, Recent Projects, Business Services, Protecting Family Wealth|Comments Off on June 2019 Corporate

May 2019 Mergers and Acquisitions

Two separate mid-market Scottsdale corporate clients received Letters of Intent from potential buyers, one to purchase the assets and the other to purchase stock.  DeAngelis Legal assisted the owners of the companies review the terms of the offers and provided comments and suggestions.

By |2019-07-17T16:49:46-07:00June 15th, 2019|Recent Projects, Mergers & Acquisitions, Business Services, Homepage|Comments Off on May 2019 Mergers and Acquisitions

April 2019 Corporate

Closely held family owned business in Phoenix implemented a succession plan with prior counsel.  In conjunction with a new credit facility, the company’s bank identified discrepancies in the corporate records.  DeAngelis Legal reviewed the plan, documents and tax records and worked with the company’s CPA's to reconcile the records, prepare the necessary documentation to overhaul [...]

By |2019-07-17T16:44:36-07:00May 15th, 2019|Recent Projects, Business Services, Succession Planning, Homepage|Comments Off on April 2019 Corporate

April 2019 Real Estate

Current Phoenix client held interest in commercial real estate in an LLC with a third party.  Third party desired to dissolve the entity and distribute property to separate entities to preserve future tax flexibility upon sale of property.  DeAngelis Legal reviewed and negotiated proposed Dissolution Agreement and Tenants in Common Agreement drafted by the third [...]

By |2019-07-17T16:40:41-07:00May 15th, 2019|Real Estate, Recent Projects, Homepage|Comments Off on April 2019 Real Estate

Arizona’s New LLC Act

Like poppies blooming in the desert after a wet winter, limited liability companies (LLCs) are everywhere and Arizona’s new LLC Act affects all of them as well as their owners and managers.  Arizona’s new LLC Act is based on the Revised Uniform Limited Liability Company Act (RULLCA) endorsed by the Uniform Laws Commission. The new [...]

By |2019-04-28T15:37:51-07:00April 23rd, 2019|Past Newsletters, Entity Formation, Business Services, Protecting Family Wealth|Comments Off on Arizona’s New LLC Act

March 2019 Tenants In Common Agreement

Represented Scottsdale property manager with the preparation of a Tenants In Common agreement with his sister.  Brother and sister desired to jointly acquire and own Scottsdale real estate.  Rather than holding title to the property in a jointly owned entity, the parties desired to hold title separately as tenants in common to preserve income tax [...]

By |2019-04-23T14:10:29-07:00April 15th, 2019|Real Estate, Recent Projects, Homepage|Comments Off on March 2019 Tenants In Common Agreement

February 2019 Corporate Transfers

Represented recently divorced Scottsdale client transfer corporate structure.  DeAngelis Legal previously represented client with respect to his estate plan and corporate structure.  Upon the client’s divorce, he was required to terminate the trust and remove the divorced spouse’s name from the corporate structure.  DeAngelis Legal prepared and filed the necessary documents transferring the structure.

By |2019-04-23T14:07:50-07:00March 15th, 2019|Real Estate, Recent Projects, Business Services|Comments Off on February 2019 Corporate Transfers

January 2019 Corporate Clean Up

Represented two separate clients with a review and clean up of their corporate structure. The first client owned several unrelated businesses in the healthcare industry and the other client was predominately in real estate development.  Both clients wanted to maximize creditor protection while minimizing income taxes.  DeAngelis Legal reviewed each client’s situation, made recommendations and [...]

By |2019-03-15T19:07:38-07:00February 15th, 2019|Recent Projects, Business Services, Homepage|Comments Off on January 2019 Corporate Clean Up