Closely Held Companies
For more than a century, Briggs and Morgan has successfully represented family-owned and closely held businesses, along with their various constituencies, inclusive of shareholders, lenders and executives. Through our Business Law Section, we offer this class of clientele a full range of legal services that address the business planning issues associated with formation, such as analysis of the appropriate type of entity to be utilized, tax planning, and buy/sell and shareholder voting control arrangements.
In practice, Briggs’ experienced corporate and business law attorneys provide closely held businesses with ongoing day-to-day counsel as it relates to shareholder relations issues; employee benefit plans; executive employment and compensation planning; acquisition and disposition of businesses and critical plant and equipment; intellectual property protection and licensing; corporate investigations; and labor negotiations. We also assist with negotiating specific terms of financing in options such as private placement equity financing, unsecured debt financing and asset-based financing, and venture capital financing.
At Briggs, the work of our attorneys reflects a comprehensive understanding of business dynamics and organization. In response, we have clients spanning virtually every industry from airlines, biotechnology and semiconductor design to financial services and investment banking. As a prominent Midwest firm, Briggs has a long tradition of serving the legal needs of closely held business clients.