October 2022 LLC Operating Agreement Review

DeAngelis Legal performed a comprehensive review and edit of a proposed multi-member LLC operating agreement on behalf a new client.  The client asked DeAngelis Legal to provide input on the operating agreement.  DeAngelis Legal provided a memo with additional questions and substantive comments and edits regarding management, capital contributions, purchase options and purchase price valuation.

By |2022-11-13T14:55:02-07:00November 15th, 2022|Recent Projects, Entity Formation, Homepage|Comments Off on October 2022 LLC Operating Agreement Review

July 2020 Operating Agreement

Prepared an amended and restated operating agreement between equal owners of an Arizona limited liability company.  DeAngelis Legal reviewed and evaluated owners’ objectives and prepared a compressive operating agreement that incorporated the new LLC law which applies to existing entities as of September 1, 2020.  For more on the new law see  The operating agreement [...]

By |2020-08-29T16:49:10-07:00August 15th, 2020|Entity Formation, Recent Projects, Succession Planning, Protecting Family Wealth, Homepage|Comments Off on July 2020 Operating Agreement

May 2020 Entity Formation

DeAngelis Legal formed several new entities from standard real estate holding companies to entities created to capitalize on opportunities caused by the COVID-19 outbreak.  DeAngelis Legal assisted the clients in identifying the correct entity, including the clients' perspectives on privacy, liability protection, complexity and income tax preferences.  DeAngelis Legal prepared the formation documents including articles [...]

By |2020-07-04T16:15:14-07:00June 15th, 2020|Entity Formation, Business Services, Protecting Family Wealth|Comments Off on May 2020 Entity Formation

November 2019 Corporate Dissolutions

Represented several clients with the formal dissolution of their closely held entities.  A dentist, an anesthesiologist and a real estate investor all had wound down their operations and chose to formally dissolve their entities with the corporation commission to cut off future creditors.  DeAngelis Legal assisted each client with the preparation of a plan of [...]

By |2020-01-25T19:13:04-07:00December 15th, 2019|Recent Projects, Entity Formation, Business Services, Homepage|Comments Off on November 2019 Corporate Dissolutions

Choice of Entity – Types and Uses of Legal Entities

Choice of Entity The Tax Cuts and Jobs Act signed in December of 2017 reduced the income tax rate on corporations and pass through entities.  The Act, coupled with an increase in business activity in Arizona, has created a lot of questions about the appropriate choice of entity, i.e., what is the best type of [...]

By |2018-10-23T14:01:36-07:00October 22nd, 2018|Past Newsletters, Real Estate, Entity Formation, Business Services, Protecting Family Wealth|Comments Off on Choice of Entity – Types and Uses of Legal Entities

June 2018 Formation of Entities

Represented several different entrepreneurs with the formation of entities in the medical and construction industries. DeAngelis Legal assisted with the entity selection, structure and prepared the necessary formation documents for the entities which included a comprehensive shareholders agreement, bylaws and employment agreements for one entity and an operating agreement for the other.

By |2018-07-19T18:36:40-07:00July 15th, 2018|Entity Formation, Recent Projects, Homepage|Comments Off on June 2018 Formation of Entities

March 2018 LLC Operating Agreement

Represented owners of closely held business with the preparation of a comprehensive LLC operating agreement.  Entrepreneurs wanted to resolve ownership and operation issues with respect to their new online apparel and health website.  DeAngelis Legal met with the owners to determine their objectives, provided alternative solutions and prepared a comprehensive operating agreement documenting their preferences [...]

By |2018-05-15T18:32:19-07:00April 15th, 2018|Recent Projects, Entity Formation, Succession Planning|Comments Off on March 2018 LLC Operating Agreement
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