With the holidays quickly approaching, Weiss Attorneys at Law just closed on the sale of a one-third (1/3) interest in a creative company. This proposition was unique in that as a closely-held company, the shareholder was also an employee; and the shareholder will now remain an employee for the long term, continuing as an officer of the company. But even more interesting is that through proper preparation for rebuttal against an initial low-ball price from the majority shareholder/employees, our client received over three (3) times what was initially offered. By reviewing past performance results from the company’s own records, and by obtaining a current value opinion, our attorneys argued on behalf of our client and ultimately prevailed in establishing a better valuation of the overall company and its growth prospects. Needless to say, our attorneys were able to present our client with a very nice Christmas present!!
Consultation with experienced corporate counsel such as Weiss Attorneys at Law can help you achieve and secure your objectives. Contact one of our attorneys or visit our website at www.weisslawstl.com for more information.