Business Formation Lawyer | Moorestown, NJ

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We understand that starting or restructuring a business can be overwhelming. That's why we offer flexible scheduling, quick response times, and even emergency consultations. Our team takes the time to understand your specific goals and challenges, crafting strategies that align with your vision. Whether you're a startup entrepreneur or an established corporation looking to restructure, we offer free, same-day consultations to get you started on the right path without delay. Call our firm now.

For over 40 years, Sherman Silverstein has delivered incisive, cost-effective counsel to financial institutions and business enterprises of all types throughout the Philadelphia and Southern New Jersey region.

Our clients include start-up, emerging, and established closely held businesses, public companies, multinational entities, private equity funds, and regional and national lending institutions. We are also the lawyers’ lawyers; we represent and advise numerous law firms.

We support businesses through entity selection, formation, ongoing operations, financing, succession planning, and mergers and acquisitions. We also guide and counsel clients in all aspects of their business, including:

Developing, protecting, and promoting their business ideas.
Structuring their entities.
Advising them day-to-day.
Completing their mergers, acquisitions, financings, strategic alliances, exits, and successions.

Along the way, we work closely with our clients’ accounting, investment banking, and other advisors to solve problems and meet goals.

Our business- and client-driven approach is practical and cost-effective. Our manageable size allows us to respond nimbly to challenges and craft customized fee structures. These competitive advantages have driven our proven success in attracting new clients—regardless of the economic climate—and sustaining decades-long relationships with existing clients.

Choosing the right type of business entity, and where to form it, are building blocks for success — helping to insulate against liability, provide tax flexibility, enable efficient growth, and attract investors and buyers.

We counsel on and structure all types of entities, including for-profit and non-profit corporations, limited liability companies, and partnerships. We confer regularly with clients and their other professional advisors to plan tax and business strategies.

We help our many non-profit clients maintain their tax status and more; we are committed to promoting and supporting them.

Selling or acquiring a business is perhaps the most significant decision a client will make — it entails major change with substantial economic consequences. Effective mergers and acquisitions representation requires not only legal and contract-drafting expertise but also business and tax acumen. Our practical, client-centered approach yields creative ways to solve problems and get the deal done.

In concert with our clients’ other professional advisors, we document and negotiate the entire deal, including:

Non-disclosure agreements
Letters of intent
Asset and equity purchase agreements
Merger agreements
Governmental and regulatory filings (including, if necessary, Hart-Scott-Rodino filings)

Business Owners – Agreements, Succession Planning
For any business, a clear understanding among key players—such as owners, key employees, and investors—helps create or reinforce a shared vision, aligning the business for success and reducing the potential for disputes. We develop these vital relationships through carefully prepared and planned organizational documents, including shareholder agreements, limited liability company operating agreements, and partnership agreements designed specifically to address our clients’ needs with the appropriate foresight to effectively manage unplanned circumstances.

A succession plan, especially among family business owners, requires careful consideration of special tax and estate planning issues and opportunities. With a well-designed plan, the business can thrive for years and throughout generations. To attain all business, tax, and estate planning goals, our Business Services attorneys work closely with attorneys in our Tax Planning and Strategies group and our Estate Planning and Administration group.
Employment/Compensation Agreements
Committed employees are the most valuable asset of any business. Therefore, success often depends on attracting and retaining executives, employees, and other key personnel. We promote that effort for clients—whether doing the hiring or being hired—by devising comprehensive agreements, including:

Employment and executive compensation agreements
Restrictive covenants
Commission-based sales representative agreements
Deferred compensation, profit sharing, and stock appreciation phantom stock agreements and plans

In developing these agreements, we coordinate as appropriate with our Labor and Employment group.
Business Operations
We help business clients with their day-to-day operations by reviewing, negotiating, revising—and creating manageable templates for—various transactions, including:

Distribution and service agreements
Agreements to bring in new investors
Joint venture agreements
Employee, customer, vendor, and consulting agreements
Software, technology, and other intellectual property-related licenses and agreements

We recognize, however, that given volatile economic cycles and proliferating technology, businesses and business needs change dynamically. Some challenges simply do not fit traditional templates. We continuously adapt, developing new strategies and approaches for new products and services, spotting and removing seemingly novel obstacles.
Banking and Financial Services
We structure, negotiate, and document all types of sophisticated financing transactions, representing lenders and borrowers. Our expertise includes:

Asset-based loans
Real estate construction and permanent loans
Syndicated transactions
Equipment lease lending
Mortgage warehouse lending
Buying, selling, and servicing loan portfolios
Workouts
Venture Capital and Private Equity
We advise, from inception through funding, clients receiving as well as contributing venture capital and private equity. We structure, draft, and negotiate term sheets and definitive agreements.
Business Disputes
Unfortunately, despite all precautions, business disputes arise. Disputes among owners—especially in a family business—are often the most difficult. When we represent a client involved in a dispute, we use our business-directed mindset to seek resolution, keeping in mind the value of the business and the potential harm from the significant distraction and expense of litigation.

If a dispute cannot be amicably resolved or if litigation is the best available option, we coordinate with the attorneys in our Litigation
group, but throughout retain our “real world” cost-benefit approach.