Case Study: Simplified Merger Agreement Creates More Advantageous Business Plan; Saves Significant Amount in Legal Fees
Client:
Manufacturer and importer of bicycles
Challenge:
Two brothers with similar businesses wanted to merge companies. Their respective attorneys structured a very complex agreement that the brothers were unsure how of how to handle.
Strategy:
Fineman West takes the approach of simplifying things when possible for clients. Our team put ourselves in the shoes of the owners to understand their challenges and concerns. We reviewed the agreement in depth from a creative, holistic approach to see what could be modified or eliminated to avoid potential issues with the merger. We then met with the owners to explain how we would recommend structuring the deal, laying it out in simple – but clear – terms.
Result:
The brothers were able to move forward with a simplified merger agreement that made better business sense, saving them a significant amount in legal fees and costs. Ready to transform your business? Contact us today at (213) 688-9898 or info@fwllp.com.