Over the next ten years, it’s likely that no fewer than one-half of successful, privately owned businesses will have a transition of ownership. Some will give up minority interests for new investment, while many more will sell majority control or essentially 100% of the assets of their companies.
It’s interesting to see what motivates business owners to come and seek legal assistance for the first time. Often, it’s due to unexpected litigation that a business has to defend.
I try to make careful distinctions about the legal categories we use when it comes to the issuance of securities or of raising money as contributions.