Business Law, Corporations and Securities

• A Limited Liability Company (LLC) is a business structure allowed by state statute. Owners of an LLC are called members. Most states do not restrict ownership, so members may include individuals, corporations, other LLCs, and foreign entities. There is no maximum number of members. Most states also permit “single-member” LLCs, those having only one owner. LLCs limit a business owner’s personal liability of with business debts and lawsuits.
• A Limited Liability Partnership (LLP) gives the owners or partners equal responsibility within the company and takes away personal liability for the LLPs actions. There are several steps that a business owner must take to establish an LLP. Here at Caperton Law Group, our attorneys have assisted several business owners get started with their LLP.
• A Professional Limited Liability Company (PLLC) gives the owner protection from several important liabilities. It may also provide certain tax advantages compared to other ways of structuring your business. A PLLC is formed by people who will provide licensed professional services to the public. PLLCs can protect individuals from claims for many kinds of financial debts or personal injuries.
• An S Corporation (S Corp) in TN can be formed by creating a limited liability company or corporation. A Tennessee S Corp can be taxed within the subchapter S of the IRS Code, which means it is only taxed once. The S Corp is separate from its owners. Thus, if a business owner is looked for limited liability with simple taxation, an S Corp may be a viable option. Note that there are several restrictions that come with an S Corp. Contact Caperton Law Group if you need professional help with forming your S Corp.
• An Incorporation or Corporation has several requirements that must be made that differ from any LLC. For example, Corporations must keep minutes, hold meetings, and keep records of votes and resolutions. Corporations are also perpetual, meaning that they can exist regardless of what happens to an individual member. Corporations are likely to attract investors because shareholders are not taxed on company profits unless the profits are distributed.

The governing document for a limited liability company is called an operating agreement. This document highlights the formation and management of the company, including the rights of the members within the limited liability company, their obligations, and their restrictions regarding company interests. Certain states require you to have an operating agreement. However, even if you are not required by state law to have an operating agreement, it is highly recommended. An operating agreement can be the determining factor in many disputes. Here at Caperton Law Group, our attorneys specialize in drafting the operating agreement that is right for your business.

Selecting your business model is important because your business structure can be used to protect your personal assets like savings, your home, and other valuables to the liabilities of your business. It is important to consult with an attorney to create a liability protection strategy against claims that are made against your business. Caperton Law Group can provide you with security and assist in creating a liability protection strategy to place assets beyond the reach of lawsuits and creditors.

There are various types of business transactions that contain different requirements. Most business transactions share a common factor of the exchange of economic values. During the transaction, materials, products, and or services are exchanged for money or something of value. It is beneficial for business owners to understand business transactions so that they can benefit in the long run from potential issues that may arise. Caperton Law Group has dealt with multiple business transactions. We take care to assist our clients in considering short- and long-term effects regarding business transactions.

Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high performance trading and settlement capabilities across all asset classes and many other things that have not been invented yet, all without a middleman.

Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high performance trading and settlement capabilities across all asset classes and many other things that have not been invented yet, all without a middleman.