Chicago Transactional Lawyers
Chicago Commercial and M&A Lawyer
You have gone through a long road for your company to be where it is standing. Whether your company will move forward or will remain stagnant depends on how you handle your business relationships and the success of your business transactions. As a business owner, you need a capable legal team who will advise you at every movement, so you ensure you are making the wisest decisions for your company at the minimum risk.
The transactional attorneys at Motiva Business Law will understand the needs of your business and plan strategic operations so you achieve your goals. Whatever industry or type of business you have, and whatever stage of its life cycle, we will make sure your transactions boost the potential of your company.
Motiva Business Law Offers
- National and Cross-Border Transactions
- Mergers and Acquisitions
- Commercial Lease Agreements
- Business contracts
- Joint ventures
What is transactional law?
Transactional law is a branch of legal practice that focuses on transactions between individuals and business entities from their formation, operation, expansion, and reorganization, to sale. Transactional lawyers help clients navigate the legal aspects of these transactions to ensure they are structured properly, comply with relevant laws and regulations, and protect the interests of all parties involved.
A transactional attorney will focus on protecting the business when dealing with matters like corporate governance, contracts, mergers and acquisitions, finance arrangements, and joint ventures, to minimize risk and ensure the efficiency of its operations.
Can a transactional attorney help me?
If you are a business owner or you want to invest in a business, a transactional attorney can help you assess the liabilities of the transaction, negotiate the most favorable terms, ensure regulatory compliance, and help you make strategic decisions that prepare you for the future. The following are some of the transactions a corporate M&A lawyer can help you with:
Mergers
Joining your efforts with an existing business is a great way to optimize your operations and maximize your profit. In a horizontal, vertical, or reverse merger, a merger and acquisition lawyer will assist by negotiating the terms of the transaction to ensure a fair distribution of profit and operations, writing the necessary contracts for a seamless consolidation, and protecting the confidentiality and integrity of each company.
Business Acquisitions
Buying an existing business is a great opportunity to benefit from a positioned brand and access a built-in customer base. By purchasing a business, you will be able to start operations almost immediately. An M&A attorney will assist you in submitting the letter of intent, conducting due diligence, and writing the purchase agreements and necessary documents to protect your investment and have a safe transaction.
Stock Purchase Agreement
When buying shares or an entire business through a stock deal, an M&A law firm will conduct due diligence to uncover potential liabilities and negotiate the SPA to secure favorable terms of the investment.
Selling a business
You have given your business your all and it’s time for it to keep growing without you. A transactional law firm will help you exit confidently, knowing that your creation is in the best hands. With the assistance of a business sale attorney, you will structure the sale at your best convenience, receive a fair purchase price for your business, and minimize your risks so you have a clean exit.
Commercial contracts
Sound contacts are the foundation of stable and profitable companies. A business contract attorney will write, review, and negotiate internal and external agreements to ensure the terms are fair, your rights are protected, and you are exposed to the minimum risk.
Franchises
When you are looking to expand your market presence through franchising or are interested in buying a franchise, a franchise law attorney can help both parties of the agreement to negotiate fair terms, ensure regulatory compliance, and handle additional contracts and documentation. The lawyer will write, review, and negotiate the FDD and franchise agreement to ensure the rights of the client are protected.
Joint ventures
When collaborating with other companies, a lawyer will help write the joint venture agreement to ensure the cooperation is mutually beneficial and your rights are protected.
Investments
If you plan on investing in a business or will engage in a transaction through a SAFE agreement, convertible note, private placement, or initial public offering (IPO), an attorney will ensure your position in the transaction is the most advantageable and to put safeguards to minimize the impact of a negative outcome.
Why does your business need a transactional attorney?
Regardless of the nature of your business, counting on a commercial lawyer is a powerful tool for the following reasons:
- Make informed decisions: Before investing in a deal, ensure you understand the implications of the agreement and that the terms are written in your best interest.
- Have seamless business transactions: Leave no loose ends in your business transactions. A business attorney will ensure the documentation is complete so you can have a seamless transfer.
- Avoid disputes and legal issues: Transactions make you more vulnerable to lawsuits and disputes, but with a lawyer by your side, you will have procedures to avoid legal issues and confidently expand your operations.
Protect your transactions with our Corporate M&A Law Firm
Your business has come a long way to achieve the success it is experiencing right now. Do not let negligence put at risk everything that you have built.
Our transactional law firm will provide counseling at each step of the way. Our M&A attorneys help small, medium, and large businesses to strategically conduct their operations and engage in favorable deals that pursue their interests.
Motiva Business Law attorneys will draft, review, and negotiate contracts to ensure the transaction involves minimal liabilities and that there are provisions that counteract any potential impact.
While you focus on making the most out of your business, our transactional lawyer will work on protecting your investment.
Schedule a consultation at (630) 517-5529.
Transactional Law FAQ
In a merger, two companies combine to form a new entity, while in an acquisition, one company buys another company and the acquired company becomes part of the acquiring company.
Terms of Service, also known as Terms and Conditions, set the rules that users must agree to abide by to use a service or product. They typically outline the acceptable behavior, copyright concerns, and disclaimers of liability. Although they are not legally required, they are highly recommended to protect your company from future complaints and minimize risk.
On the other side, a Privacy Policy is a legally required document that discloses how a company gathers, uses, manages, and protects the personal information of its users or customers. It outlines the types of information collected, how it is used, who it is shared with, and the measures taken to protect that information.
In summary, the M&A process is comprised of five steps:
- Initial conversations: Contact the seller and express your interest in the business.
- Letter of Intent: With the help of an M&A attorney, sign the LOI, which will include the preliminary terms of the sale, such as the purchase price and structure of the deal. The LOI will show you’re committed to the purchase and you will respect the confidentiality of the deal. The seller will also commit to not accepting other purchase offers.
- Due diligence: Review financial records, contracts, assets, liabilities, operations, and other important aspects of the business to assess its value and potential risks. Make a business valuation of the company.
- Purchase agreement: Based on the business valuation and the due diligence process, the business attorney will negotiate the asset or stock purchase agreement, which will define the terms of the sale.
- Closing: After signing the required contracts and documentation, the funds are transferred and the period of transition starts to finalize the integration.