DISCLAIMER
The information you are reading is provided by Sterling A Minor, Esq. to be used as a guide. Sterling A Minor is not in the business of rendering legal advice without an Engagement, and this information is not a substitute for the advice of an attorney familiar with your specific fact situation. If you require legal advice, you should engage the services of an attorney. That attorney may be Sterling A. Minor, or may be another attorney licensed in Texas, who is a specialist in business transactions.

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Business and Other Financial Transactions

    Sterling Minor has a distinguished history of acting as outside general counsel to businesses. In this role, the company will call upon him for advice, negotiation and document preparation, and even litigation, as the matters come up.

    What matters could those be? Most commonly, the matter is anything that might damage the value of the business in the future, or maximize its value now. Generating business value, including current income, is what business is about. A business attorney, an insurance broker, a banker, and an advising accountant, form the team of core professionals for any business. We believe that relying upon a tax return preparer as the principal source of advice, rather than this team of advising professionals, is a main source of business failures. At least three of these four key advisors should be consulted whenever the business has a significant financial event on the horizon. Individuals also have business or other financial transactions, including as investor, as seller or purchaser, as employee, and as taxpayer, and need the same assistance. Business ownership arrangements should dovetail with ownership of all assets, and the planning for your property disposition.

    Knowledge of the law and experience will give you and your company the edge over advice from a non-business lawyer, and over your making a deal to then have a lawyer "paper." Persons who are new to business sometimes think that the role of attorneys is to "paper" the deal. This is, unfortunately, a quite erroneous (because it is usually costly), thought. Large businesses certainly have no such thought. The most beneficial role of an attorney is in assisting your planning of a transaction. You will gain a great deal of savings and protection from an attorney’s use of the law. The knowledge of the law your transaction needs cannot be overcome by your negotiation skills. You need to know what to negotiate for. You need to know who your real adversaries are. Those I can help you know and deal with well.