San Antonio Business Lawyer

Published on December 11, 2009

“After taking business transactions apart in the courtroom for more than twenty years, clients (and opponents) began asking me to work on their transactions from the front and prevent the ten most common problems from ever occurring in the first place.”

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I am the San Antonio business lawyer who works with people in buying and selling businesses, planning for the future, and to get out of financial trouble.

For the last thirty years, I have tried cases for plaintiffs and defendants in State and Federal courts from California to Texas to Delaware. I have been the advocate for individuals and small companies as well as companies in the Fortune 100.  Those litigation cases have ranged from representing thousands of homeowners for broken plastic pipe in their homes to oil royalty disputes to breach of confidentiality agreements.

After literally taking business transactions apart in the courtroom for years, clients (and opponents) began asking me to work on the transactions from the beginning to try to prevent the problems from ever occurring.  In that stance, I have helped buyers and sellers in the sales of businesses ranging from large retail stores and manufacturing facilities to insurance agencies.  I have helped clients buy multi-million dollar, multi-story office buildings and and negotiate commercial lease agreements.

I work to improve the way my clients do business if that fits their goals.  I help design corporate structures and business transactions to increase profit, minimize taxes, and  make sure that assets are protected from lawsuits.  Having filed many suits and obtain judgments, I have learned where the potholes will be.

My business advice programs are based on regular review and meetings in order to get to know the client’s business and plans in more depth than is possible in the normal “hire a lawyer only when in trouble”.  It will cost a lot more for me to get you out of trouble than it would cost to keep you out of trouble in the first place.

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I have been named a SuperLawyer in Texas and featured in Texas Monthly.

My lawyer peers have granted me “AV” which is Martindale Hubbell’s (rating agency) highest peer rating for lawyers.

I have presented papers and spoken to audiences that range from service clubs to the State Bar of Texas Continuing Legal Education seminars. I was recently named Individual Finalist, San Antonio Ethics In Business Award, 2009 by the San Antonio Business Journal.

 

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    Employee benefits can impact a firm’s valuation

    Published on September 1, 2011

    When it comes to evaluating a business’ resale capacity, one of the most overlooked yet important aspects is to consider its health benefit policies.

    As part of the valuation process, most would consider the health benefits program as a liability for a new owner. However, the type of health benefits given workers also indicates the management culture to a potential owner.
    If a company provides excellent employee benefits, workers know their current regime values them as employees. Through the years, I have found that companies that provide their work force with a exceptional benefits program tend to have a “can do” culture on the job. For a prospective buyer, this factor carries an intrinsic value that typically adds value to their prospective company.
    On the other hand, a firm that doesn’t have an employee benefits program or a rudimentary one demonstrates that the current regime doesn’t value its workers. While the savings from these programs looks impressive on a corporate balance sheet, it can indicate underlying factors that could create unforseen issues when a new owner takes over.

    Employee benefits programs are in a kind of legislative limbo. President Barrack Obama’s healthcare reform leads many business executives to believe that every business must provide them to their work force. Yet, for those who want to build a business that has a higher resell value, having an effective one in place will truly increase its valuation.

    The original of this article is at http://saenetwork.org/?p=1017

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      Modus Operandi to Purchase A Business with Debt

      Published on July 1, 2011

      Donna Nell is a financial expert associated with a few financial communities. She also holds honorary posts in some websites as a financial advisor where she advises on debt management, credit counseling and taxes.

       

      These days, many people think that it is less hazardous to purchase a business than opening a business from scrape. But what, if you buy a business with debt? It is always beneficial to purchase a business that has already been established because of the brand name and customer base that the business has created over the years. If you choose wisely, buying an established business with outstanding debt might also lead to lofty profits.

      Instruction

      1. When you have made your mind to buy a business in debt, you must appoint a business attorney or a broker. A business attorney or a broker can help you to understand the details of the business and can explain in better terms why the business is in trouble.
      2. Know in details about the assets and liabilities. See every owed and billable receipt. However, if liabilities are far more than the assets, the situation might be alarming.
      3. Strictly go through every debt that the business has incurred. You might have to sign a nondisclosure agreement while taking over the business. But, before that, they must provide you with a complete debt disclosure. If the company does not incorporate the debts in the agreement, the previous business owner will be still liable for the debt.
      4. Go through the last five years tax returns and financial records and discuss those with your business attorney in detail. Here you might discover the reasons behind the outstanding debt. If the debts were acquired due to matters not linked with business, then it is obvious that the finances need some modification.
      5. Combine every information you have gathered and discuss those with your business attorney or broker. Ask them to advise how the firm’ financial status can be improved.  If cannot, just go for another firm.

      However, before acquiring the business you can also ask the existing owner to pay of outstanding debts. Further, you can also talk to customers and vendors to have a better idea about the situation of the business.

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        Looking for a lawyer in Houston?

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        Bob Bennett & Associates, Professional lawyers in Houston, Texas for legal services for those in the medical professions including matters before the Texas Medical Board, and other Boards in Austin, Texas and  professional misconduct allegations against attorneys, judges, and law students before the Board Of Law Examiners  Grievance Defense, Legal Malpractice, and cases before the Texas Office of Chief Disciplinary Counsel, the Law School Admissions Counsel, the National Board of Medical Examiners, and state and federal investigations involving civil and criminal matters.



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          Can you turn a $14000 account into $100,000 in just 7 years to pay for child’s education?

          Published on June 24, 2011

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          Exactly how an Equity Trust (TM) client turned a $14,000 account into a $100,000 (32.4% annualized return) account to pay for his daughter’s education in just 7 years!
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