• Practice Areas
• Overview

Langley & Banack offers a complete range of services to businesses. The Firm advises clients in all legal matters relating to businesses, including entity selection, company organization, owner agreements, capitalization, management and fiduciary issues, financial transactions, commercial agreements, employment and compensation, risk management, regulatory compliance, general business matters, and personal capital transactions (including estate planning and asset protection).

Through coordination with our attorneys in other practice areas, Langley & Banack provides clients with complete representation, including tax, insolvency, antitrust, environmental and other aspects of complex transactions.

The Firm has earned a reputation for the creativity, efficiency and effectiveness of its business services group, including its structuring of transnational and new financial products to meet clients' needs.

The attorneys in the Business Services practice area have experience covering such diverse matters as the following:

Company Formation, Governance and Management

• Corporations and limited liability companies
• Limited partnerships and joint ventures
• Professional corporations and associations
• Nonprofit corporations and trusts
• Family limited partnerships and registered limited liability partnerships
• Texas registration of out-of-state entities
• Federal and state taxation analysis
• Qualified and non-qualified benefit plans
• Owners and management agreements
• Employment and stock option agreements
• Succession planning

Company Finance

• Secured lending, revolving loans, letters of credit, asset and receivable-based financing
• Venture capital investment
• Leveraged buyouts

Business Transactions

• Asset and share acquisitions and divestitures
• Like kind exchanges of appreciated property for tax deferral
• Mergers, reorganizations and divestitures
• Commercial leases
• Joint ventures
• Franchise and distribution agreements
• Sale of goods and services agreements
• Employment and confidentiality agreements

Securities

• Private placements and exempt offerings of debt and equity securities
• Filings and compliance analysis for SEC, NASD and state securities boards
• Rule 144 resale of unregistered securities

International Business

• Contracts with foreign counterparties
• Licensing of intellectual property
• International taxation
• Foreign distribution agreements
• Off-shore subsidiaries
• Foreign sales corporations