Business Transactions:

Building on his long-term involvement with family businesses, Jim Hasson has experience in advising individuals and businesses about a wide variety of business transactions, ranging from business formation to business sales and purchases, of both the asset and equity varieties. These transactions require attention to corporate, tax, regulatory and other laws affecting the particular businesses involved. These sorts of transactions are also sometimes challenged by regulatory and taxation agencies, and Jim has experience in dealing with the Internal Revenue Service and other governmental organizations that initiate tax, compliance or other administrative proceedings.

Representative Issues:

  • Design and implementation of trust arrangements to transfer the partial value of a family business to a younger generation of family members
  • Negotiation and documentation of an acquisition of the assets of a bankrupt competitor
  • Alignment of governance and ownership of a family business to mirror the employment interests and abilities of younger generation family members