Mergers, Acquisitions and Sales

Our firm provides assistance and advice with respect to pre-closing and post-closing structuring of transactions, financing, documentation, and legal due diligence. As a result of years of experience in the industry, and the relationships developed with insurance companies, brokers, producers, bankers and other lenders, consultants and consolidators, we are able to consider the proposed business terms in the context of industry standards and suggest adjustments where appropriate.

Producer and Employment Agreements

The necessary review and assessment of existing agreements. In our practice, we are also frequently involved in the preparation of new agreements to address concerns such as ownership rights, restrictive covenants, compensation issues, and rules regarding termination.

Non-piracy (NON-COMPETITION & NON-SOLICITATION)

The protection of the book of business from a former producer or vendor is critical to brokers. Our firm is often involved with the review of existing agreements to provide interpretive and strategic assistance. This then becomes a critical issue as a result of court decisions. In the course of handling sale transactions, mergers, employee or producer agreements, suitable provisions are inserted to protect the owner of the business from an attack.

Perpetuation

Since the wealth of brokers is often concentrated in their business, it is critical for brokers to plan for the eventual transfer of their brokerage. We assist broker clients with the structuring and preparation for either an internal or external transfer of ownership of brokerages.

Shareholders, Partnership, Cluster Agreements

The value of a shareholder, partner or cluster member is a function of the strength of the corporation, partnership or cluster to which they belong. We provide the necessary guidance to brokers to enable a thoughtfully considered tailor-made agreement.

Financing

Whether financing is made available through insurers, institutional lenders or other lenders, our firm is familiar with most of their needs and approaches and can efficiently complete the necessary arrangements.

Corporate Reorganization

Our legal team of experts will work with you to complete tax or perpetuation-motivated restructuring of corporations based on the advice of tax advisors.

General Services

In addition to the P&C focused services, we also offer the following legal services:

• Purchase, Sale and Merger of Privately Owned Businesses
• Financing of Privately Owned Businesses
• Purchase, Sale, Financing, Leasing, Development of Real Estate
• Structuring Shareholder and Partnership Agreements
• Employment Matters for Privately Owned Businesses
• Contract Preparation, Negotiation, Review and Analysis
• Wills and Powers of Attorney
• Estate Administration