Closely Held and Family Businesses
The vast majority of mid-sized businesses, large companies and economic conglomerates in our country are controlled by entrepreneurial family groups or closely held companies. Past experience shows beyond doubt that the companies that have been able to develop and consolidate over time are those that have been able to adequately balance the three spheres involved: ownership, family and management.
Over the years, our firm has participated in the purchase and sale of family businesses and closely held companies, as well as in the development and implementation of corporate and family governance structures allowing for the peaceful, orderly phase-in of the new investors in the closely held company or the new generations into the ownership and management of the family business so that they can endure the test of time.
Each closely held company or family business has its own characteristics and realities, which calls for tailor-made solutions. To this end, attorneys in our firm have vast experience in corporate issues (drafting of ad-hoc bylaws, shareholders’ agreements, family protocols, etc.), taxation (design of efficient ownership structures, corporate reorganizations) and probate (assistance in drafting and preparing wills), which allows us to provide comprehensive assistance of considerable added value in these matters.