Business Formation & Dissolutions
Monmouth County Business Formation Attorney
Starting or Dissolving a New Jersey Business
The success of a new enterprise often depends on the structure and planning involved in business formation. Hoyle Law, LLC has helped launch many new businesses through entity selection and start up consulting. We also represent clients on the other end — resolving the complex legal issues of winding down a business.
Our firm serves businesses in all industries in Monmouth County, Ocean County and surrounding areas of New Jersey. I am John G. Hoyle III, a practicing attorney in Monmouth County for the last 15 years. Call 732-988-9595 to arrange a consultation.
I counsel owners on choice of entity, sitting down to discuss personal liability, taxation, management structure, profit sharing and other pros and cons of each. We can then address all aspects of formation and start up:
- Limited liability company and the operating agreement
- Corporation (S corp or C corp) and the shareholder agreement
- Limited partnerships and partnership agreements
- Sole proprietorship
- Articles of incorporation and filings with the state
- Buy-sell agreements
- Business succession planning
- Purchase or lease of commercial property
Business Dissolution and Internal Disputes
Owners may choose to end operations for many reasons: profitability, other ventures, personality conflicts, or issues in personal life. The state of New Jersey is strict about the steps to follow in dissolving a business. The business or partnership dissolution and partition are resolved in Chancery Court, while other real estate matters are resolved in Superior Court. We have extensive experience in all venues.
Hoyle Law handles shareholder and partner disputes or full-fledged dissolution. The issues can be hotly contested and solutions can be complex. If a resolution cannot be reached, we are prepared to ask the court for relief or defend our clients’ position in litigation. A judge may order a buy-out of one party or order the litigants to liquidate the business and split the proceeds.