Limited Partnership & FLIP Services in Hayward
Do You or Your Business Need an Attorney Experienced in Limited Partnership Law, General Partnership Law, or Joint Ventures?
JGPC business lawyers are attorneys specializing in helping business owners, managers, investors, buyers, and their businesses in every stage of the business life cycle. We have decades of experience in assisting privately held businesses and business owners with the legal issues related to all stages of business growth.
Our business law firm has received the Top “AV”® Rating for Business Lawyers.* Our attorneys’ extensive business law experience and commitment to excellence will ensure that you and your business make the best possible business law decisions, for today and tomorrow.
Our Limited Partnership (LP), Family Limited Partnership (FLIP), General Partnership (GP), and Joint Venture Services
JGPC lawyers and paralegals have helped hundreds of clients form limited partnerships (LPs), family limited partnerships (FLIPs), general partnerships (GPs), and joint ventures.
Before the formation of a partnership, we assist the general partner with all aspects of pre-formation planning, business plan review, tax planning, choice of entity analysis, intellectual property protection, entity formation, creation of a capital structure, equipment financing and leasing, raising capital, federal and state securities compliance, executive compensation structuring, limited partnership agreements and service and purchase contracts.
We offer Limited Partnership, Family Limited Partnership, General Partnership, and Joint Venture services, including:
Formation of LPs, FLIPs, GPs, and Joint Ventures
Limited partnership, family limited partnership, general parntership, and joint venture formation services include:
- Review & analysis of business plans
- Review & analysis of financial models
- Introductions to sources of funding
- Introduction to service providers
- Franchise circular review and analysis in franchise law situations
- Assisting the client with compliance with federal and state security laws
- Assisting with private offering memorandum & subscription agreements
- Helping the client preserve Reg D and other private offering exemptions
Pre-Formation Intellectual Property Protection
Pre-formation intellectual property protection services include:
- Preparation and filing of patent applications/li>
- Use of non-disclosure agreements (NDAs)
- Trademark, trade name & copyright protection
- Pre-formation IP assignment & protection
- Patent & other IP licensing arrangements
- Dealing with non-compete and trade secret protection issues
- Assignment to and protection of intellectual property in the LLC
Limited Partnership, Family Limited Partnership, General Partnership, and Joint Venture Services
Limited partnership, family limited partnership, general partnership, and joint venture services include:
- Determining the appropriate state of formation of the partnership
- Assisting in the choice of the LP or FLIP name and reservation of the name
- Helping to choose the general partner entity, and creation of that entity
- Creation of an appropriate limited partnership agreement structured to fit the business plan
- Hand delivery filing of properly drafted articles of organization
- Obtaining EIN and state identification numbers if appropriate
- Filing state forms as required, including securities forms
- Creation of an appropriately structured limited partnership agreement & other organizational documents
- Tax analysis to determine the best choice of tax status
- Filing of documents to obtain “disregarded”, “S” or “C” status when chosen
- Evaluating choices for capitalizing the company
- Determining appropriate debt and equity options and ratios
- Creating complex limited partnership and security structures when appropriate
- Creating multiple classes of limited partnership interests, warrants and options
and convertible debt instruments where required
- Drafting employment and independent contractor agreements when required
- Drafting right of first refusal agreements when required
- Drafting general partner and limited partner provisions and protections
- Drafting intellectual property protection agreements when required;
- Issuing limited partnership interests with appropriate restrictions & disclosures;
- Providing assistance and documents for opening bank accounts
- Transfer of the real estate or business assets to the LP or FLIP when necessary
Post-Formation of LPs, FLIPs, GPs, and Joint Ventures
Limited partnership, family limited partnership, general partnership, and joint venture post-formation services include:
- Assisting with angel financing, strategic investment & venture capital financing
- Drafting equipment financing and joint development arrangements
- Assisting with joint venture and strategic partner structuring
- Drafting documents to provide “sweat equity limited partnership interests” for service providers
- Drafting LP or FLIP buy-sell and related provisions
- Creating executive compensation plans for a general partner
- Creating equity participation documents and plans
- Drafting employment agreements & employee handbooks
- Analysis of employee & independent contractor issues
- Creating restricted limited partnership interests, limited partnership interest options and other equity plans
- Assisting in qualifying the LP or FLIP in a sister state when required
- Post-formation trade secret and IP protection
Maintenance and Compliance
Limited partnership, family limited partnership, general partnership, and joint venture maintenance and compliance services include:
- Calendaring and providing reminders to the client for annual limited partner or general partner meetings or actions by written consent
- Providing the client with assistance in complying with the state LP filing requirements
- Drafting annual or special meeting minutes or actions by written consent for limited partners and general partners when appropriate
- Providing assistance in the preparation and filing of statements of information and other filings
