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Buy-Sell Agreements in New Jersey

Business owners oftentimes work rigorous hours that can quickly turn into years of trying to develop a successful business. Without a properly planned buy/sell agreement, a business can become worthless in the event of disability, retirement or death of the owner.

The general purpose of a Buy-Sell Agreement is to:

  • Restrict the transfer of shares
  • Institute the value of shares for estate tax purposes

A buy-sell agreement requires the eyes of an experienced attorney who is familiar with such legal documents. The issues one may face while drafting a buy/sell agreement on their own can be complex and quite difficult to understand.

The Levine Law Firm will examine the key concepts of your buy/sell agreement to ensure it is implemented appropriately. As experts in contract law in New Jersey, our attorneys specialize in buy-sell agreements and the review of legal contracts to provide clients with success and security of their business in the future.

Before signing a legal contract or implementing a buy/sell agreement in New Jersey, please contact The Levine Law Firm for the very best in legal consulting and contract law services.

Legal Services for the Growing Business in NJ

As businesses mature, their needs grow and change. Business owners rely on our experienced attorneys during all phases of such growth, including the purchase of other businesses, and modifying contracts. Our attorneys keep current on changes in the law and legislation that affect small, medium, and large sized business owners. Through working with numerous business owners, we understand the hard work, planning, and time that goes into maintaining a smooth and profitable business. Our principal attorneys have a combined 60 years of experience representing business owners. Contact our firm for more information. As is often the case in transactional matters, time is of the essence. Because of our in-house experience, we can take a pragmatic approach to a business objective. We know how a business runs and we understand the difference between a business decision and a legal decision. Because we have worked with business owners and managers for years, we know how to study a problem from a business perspective.

Unlike lawyers without practical experience in the business world, we naturally "think outside of the box" during the process of providing a wide variety of transactional services, including:

  • Documenting and advising clients in real estate purchase/sale contracts, commercial leasing, zoning and municipal matters including subdivisions, variances, special permits, and related appeals
  • Buying and selling businesses and business interests, including stock and asset purchases and sales, management and leveraged buyouts, and mergers; management of due diligence investigations from buyer and seller perspectives
  • Structuring and documenting clients' choice of business entity
  • Developing alternative forms of ownership and management of the start-up entity, including: voting and non-voting common stock, convertible preferred stock, warrants and similar rights; and specialized LLC provisions
  • Drafting and reviewing employment, stock option, employee nondisclosure, non-competition, and non-solicitation agreements
  • Drafting and reviewing stockholder agreements, including cross-purchase, redemption, insurance-funded buyout, voting trusts
  • Negotiation of contracts and agreements with vendors, suppliers, licensees, distributors, and other related entities
  • Negotiation of employment agreements, restrictive covenant agreements, and joint venture agreements
  • Representation of the parties to mergers, sales, acquisitions, and other commercial transactions
  • Corporate governance, management and control, and crisis management, including in connection with family run companies and close-corporations
  • Providing advice to majority and minority owners, partners, members, employees and other business participants, and dispute resolution among business owners
  • Representation of lenders and borrowers in commercial lending transactions
  • Representation of creditors in bankruptcy and other contexts