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Business Law Attorneys

Law Jobs For Humans. And For Humanity

April 19, 2019/in Domestic Violence, Education Law, Gun Crimes, Insurance Defense, Personal Injury, Real Estate Law

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https://debruinlawfirm.com/wp-content/uploads/2019/03/blog-post-04.jpg 761 1100 Bryan De Bruin https://debruinlawfirm.com/wp-content/uploads/2025/04/logo.png Bryan De Bruin2019-04-19 18:55:442023-05-23 17:15:29Law Jobs For Humans. And For Humanity

So You’ve Had a Compliance Breach – Now What?

April 18, 2019/in Domestic Violence, Education Law, Gun Crimes, Insurance Defense, Personal Injury, Real Estate Law

[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”3.22.3″][et_pb_fullwidth_post_title author=”off” comments=”off” featured_placement=”background” _builder_version=”3.21.1″ title_font=”|700|||||||” title_text_align=”center” title_text_color=”#ffffff” title_font_size=”40px” meta_font=”||||||||” meta_text_align=”center” meta_text_color=”rgba(255,255,255,0.6)” meta_font_size=”16px” background_color=”rgba(15,15,15,0.7)” background_image=”https://debruinlawfirm.com/wp-content/uploads/2019/03/blog-post-03.jpg” background_repeat=”repeat” background_blend=”multiply” module_alignment=”center”][/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.22.3″ custom_padding=”0|0px|0|0px|false|false”][et_pb_row custom_padding=”0|0px|0|0px|false|false” custom_margin=”||” _builder_version=”3.22.3″][et_pb_column type=”4_4″ _builder_version=”3.19.13″][et_pb_image src=”https://debruinlawfirm.com/wp-content/uploads/2018/09/team-11.jpg” align=”center” _builder_version=”3.19.18″ border_radii=”on|100px|100px|100px|100px” border_width_all=”5px” border_color_all=”#ffffff” max_width=”80px” module_alignment=”center” custom_margin=”-40px||”][/et_pb_image][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.22.3″ custom_padding=”40px|0px|60px|0px|false|false”][et_pb_row custom_margin=”|||” custom_padding_last_edited=”off|phone” _builder_version=”3.22.3″ max_width=”1100px” use_custom_width=”on” custom_width_px=”1100px”][et_pb_column type=”4_4″ _builder_version=”3.0.47″][et_pb_text _builder_version=”3.22.3″ text_font=”Roboto Slab||||||||” background_size=”initial” background_position=”top_left” background_repeat=”repeat”]

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https://debruinlawfirm.com/wp-content/uploads/2019/03/blog-post-03.jpg 761 1100 Bryan De Bruin https://debruinlawfirm.com/wp-content/uploads/2025/04/logo.png Bryan De Bruin2019-04-18 16:47:462023-05-23 17:15:29So You’ve Had a Compliance Breach – Now What?

Law Firm Awards Announced

April 18, 2019/in Domestic Violence, Education Law, Gun Crimes, Insurance Defense, Personal Injury, Real Estate Law

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Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Praesent cursus tellus id arcu lobortis sodales. Nulla sollicitudin congue augue, pulvinar tempus magna facilisis eget. Vestibulum mollis urna turpis, in venenatis nisi tincidunt eget. Ut nec diam vitae leo volutpat sagittis non a odio. Vestibulum tincidunt erat in sem pretium posuere. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Morbi vulputate neque ac placerat scelerisque. Nullam porttitor nunc efficitur consectetur posuere.

 

Nunc ante odio, convallis at maximus ac, rhoncus eget urna. Maecenas gravida risus lectus, quis tincidunt massa iaculis et. Suspendisse consectetur risus eu nisi finibus, sed tincidunt turpis commodo. Nullam id tortor sollicitudin orci rutrum vulputate eget quis sapien. Ut posuere, ante vitae iaculis convallis, nibh lectus elementum massa, efficitur bibendum nibh nibh eu arcu. Maecenas maximus orci id consectetur volutpat. Suspendisse efficitur urna est, non pretium lectus fringilla in.

Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Praesent cursus tellus id arcu lobortis sodales. Nulla sollicitudin congue augue, pulvinar tempus magna facilisis eget. Vestibulum mollis urna turpis, in venenatis nisi tincidunt eget. Ut nec diam vitae leo volutpat sagittis non a odio. Vestibulum tincidunt erat in sem pretium posuere. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Morbi vulputate neque ac placerat scelerisque. Nullam porttitor nunc efficitur consectetur posuere.

Nunc ante odio, convallis at maximus ac, rhoncus eget urna. Maecenas gravida risus lectus, quis tincidunt massa iaculis et. Suspendisse consectetur risus eu nisi finibus, sed tincidunt turpis commodo. Nullam id tortor sollicitudin orci rutrum vulputate eget quis sapien. Ut posuere, ante vitae iaculis convallis, nibh lectus elementum massa, efficitur bibendum nibh nibh eu arcu. Maecenas maximus orci id consectetur volutpat. Suspendisse efficitur urna est, non pretium lectus fringilla in.

Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Praesent cursus tellus id arcu lobortis sodales. Nulla sollicitudin congue augue, pulvinar tempus magna facilisis eget. Vestibulum mollis urna turpis, in venenatis nisi tincidunt eget. Ut nec diam vitae leo volutpat sagittis non a odio. Vestibulum tincidunt erat in sem pretium posuere. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Morbi vulputate neque ac placerat scelerisque. Nullam porttitor nunc efficitur consectetur posuere.

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https://debruinlawfirm.com/wp-content/uploads/2019/03/blog-post-07.jpg 761 1100 Bryan De Bruin https://debruinlawfirm.com/wp-content/uploads/2025/04/logo.png Bryan De Bruin2019-04-18 16:46:562023-05-23 17:15:29Law Firm Awards Announced

Should I Hire an Experienced Defense Attorney?

April 4, 2019/in Domestic Violence, Education Law, Gun Crimes

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Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Praesent cursus tellus id arcu lobortis sodales. Nulla sollicitudin congue augue, pulvinar tempus magna facilisis eget. Vestibulum mollis urna turpis, in venenatis nisi tincidunt eget. Ut nec diam vitae leo volutpat sagittis non a odio. Vestibulum tincidunt erat in sem pretium posuere. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Morbi vulputate neque ac placerat scelerisque. Nullam porttitor nunc efficitur consectetur posuere.

 

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https://debruinlawfirm.com/wp-content/uploads/2019/03/blog-post-01.jpg 761 1100 Bryan De Bruin https://debruinlawfirm.com/wp-content/uploads/2025/04/logo.png Bryan De Bruin2019-04-04 17:07:562023-05-23 17:15:29Should I Hire an Experienced Defense Attorney?

The Benefits Hiring a Criminal Defense Lawyer

April 4, 2019/in Domestic Violence, Education Law, Gun Crimes, Insurance Defense, Personal Injury, Real Estate Law

[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”3.22.3″][et_pb_fullwidth_post_title author=”off” comments=”off” featured_placement=”background” _builder_version=”3.21.1″ title_font=”|700|||||||” title_text_align=”center” title_text_color=”#ffffff” title_font_size=”40px” meta_font=”||||||||” meta_text_align=”center” meta_text_color=”rgba(255,255,255,0.6)” meta_font_size=”16px” background_color=”rgba(15,15,15,0.7)” background_image=”https://debruinlawfirm.com/wp-content/uploads/2019/03/blog-post-05.jpg” background_repeat=”repeat” background_blend=”multiply” module_alignment=”center”][/et_pb_fullwidth_post_title][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.22.3″ custom_padding=”0|0px|0|0px|false|false”][et_pb_row custom_padding=”0|0px|0|0px|false|false” custom_margin=”||” _builder_version=”3.22.3″][et_pb_column type=”4_4″ _builder_version=”3.19.13″][et_pb_image src=”https://debruinlawfirm.com/wp-content/uploads/2018/09/team-11.jpg” align=”center” _builder_version=”3.19.18″ border_radii=”on|100px|100px|100px|100px” border_width_all=”5px” border_color_all=”#ffffff” max_width=”80px” module_alignment=”center” custom_margin=”-40px||”][/et_pb_image][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.22.3″ custom_padding=”40px|0px|0|0px|false|false”][et_pb_row custom_margin=”|||” custom_padding_last_edited=”off|phone” _builder_version=”3.22.3″ max_width=”1100px” use_custom_width=”on” custom_width_px=”1100px”][et_pb_column type=”4_4″ _builder_version=”3.0.47″][et_pb_text _builder_version=”3.19.9″ text_font=”Roboto Slab||||||||” background_size=”initial” background_position=”top_left” background_repeat=”repeat”]

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam at nisi a magna ullamcorper ullamcorper. Integer molestie, augue a fringilla mollis, est velit aliquam dui, et rutrum nulla nunc non elit. Integer interdum est ut suscipit vestibulum. Nunc mollis pretium nunc eu dapibus. Sed commodo blandit congue. Morbi a dolor non leo mattis tincidunt quis quis mi. Nulla condimentum ipsum ac pulvinar tempor. Nunc varius laoreet dolor vel fringilla. Aliquam erat volutpat. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Ut ac nisi sodales, blandit justo a, tincidunt ante.

Donec rhoncus dictum massa, placerat finibus nibh finibus ac. In congue et mi sit amet rhoncus. In sollicitudin efficitur felis vitae imperdiet. Proin laoreet eros a ante porta, eget accumsan mi facilisis. Suspendisse vitae nunc augue. Donec venenatis sed nibh sit amet egestas. Morbi feugiat suscipit nisi a ornare. Maecenas ullamcorper, ante id varius ultrices, est ex commodo quam, a feugiat ante urna eu dui.

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Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Praesent cursus tellus id arcu lobortis sodales. Nulla sollicitudin congue augue, pulvinar tempus magna facilisis eget. Vestibulum mollis urna turpis, in venenatis nisi tincidunt eget. Ut nec diam vitae leo volutpat sagittis non a odio. Vestibulum tincidunt erat in sem pretium posuere. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Morbi vulputate neque ac placerat scelerisque. Nullam porttitor nunc efficitur consectetur posuere.

 

Nunc ante odio, convallis at maximus ac, rhoncus eget urna. Maecenas gravida risus lectus, quis tincidunt massa iaculis et. Suspendisse consectetur risus eu nisi finibus, sed tincidunt turpis commodo. Nullam id tortor sollicitudin orci rutrum vulputate eget quis sapien. Ut posuere, ante vitae iaculis convallis, nibh lectus elementum massa, efficitur bibendum nibh nibh eu arcu. Maecenas maximus orci id consectetur volutpat. Suspendisse efficitur urna est, non pretium lectus fringilla in.

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Let’s Move This: How Do I Sell My Business in South Carolina?

January 23, 2019/in Business Law, Resources

There comes a time for all business owners when they might want to sell their business to move on to bigger and better things or because they just aren’t making enough money for it to be worth it anymore.

If this sounds like you, you may be asking yourself “How do I sell my business?”  It’s not a complicated process if you know what you’re doing but it is easy to make mistakes with it if you don’t. In this article, we’re going to go over the process of selling a business while also going through a few mistakes that you might make during the process.

1. Purchases

Usually, the purchase of a business is going to be in the form of one or two methods, asset purchase or stock purchase. We’re going to briefly go over both of them.

Asset Purchase

An asset purchase is when the buyer either buys some of the seller’s assets or all of them. The buyer gets the most out of this purchase because they will get all of your equipment and inventory without taking on any of the debts that you accumulated throughout the years of running your business.

Stock Purchase

A stock purchase when the buyer fully steps into your shoes and takes either some or all of your stock. This option benefits you the most because they will take on your debts where you left off. It gives you back your freedom and allows you to wash your hands clean in a sense.

Next, we will be giving you an idea about how the sell might go down so you can know what to expect.

2. Primary Negotiations

At this time, the buyer will take their time investigating you to decide if your assets are worth taking. You will meet and discuss this through this process. It may take a little longer if you are doing a stock because they need to know what they are getting themselves into in terms of your debt.

When you meet you should discuss this along with your need for a board of director’s approval if you need any third-party documents, and if you need any third-party approval. Once you’ve come to an agreement it’s time to sign the forms and get started with the pre-closing processes.

3. Pre-Closing

A final agreement is finally created. It contains every detail of the deal that was made, the price, when the business assets will be turned over to the new owner if these assets will be held by an escrow agent, and any other important factors.

Once pre-closing starts, the seller and the buyer will be responsible for gathering any documents that are needed to finalize the deal. These documents will vary depending on if it’s an asset purchase or stock purchase.

4. Closing

Finally the moment of truth, it’s the day of the closing. It’s a lot of paperwork so to make things easier on yourself there are a few things that you’ll need to do.

Make sure every document is both signed and notarized before the big day. The sales proceeds need to be handed out properly according to the terms in the agreement. Lastly, make sure you record an extra copy of all the important documents like the deed.

5. Common Mistakes Made

This is a basic rundown of what the process will look like. It seems pretty on paper but in practice, it isn’t as straight forward. It is very possible and easy to make mistakes. We’re going to go over a few of the common ones.

Not Preparing Enough

The most common and easiest mistake that you can make is failing to prepare enough for the process. Again, you want to make sure all of your documentation is together.

If you’re considering selling your business, you need to start the process as soon as possible. It will take around two years to finish the process so you can see why you shouldn’t put it off.

Being Too Confident

There is nothing wrong with being confident but where you fail is when you’re too confident. When this happens, it could cause you to slack off in making the right preparations. This brings us back to the point above.

If you’re confident that you will get top dollar for your business, you’ll want to stash those dreams away. Granted, it is possible that you will get what you want for it but if you’re stuck on that amount and refuse to budge, you may never sell your business.

Unwilling to Bring in Professionals

You know how to run your business, but think deep inside yourself and ask, “do you have what it takes to sell it?” The answer to this question is most likely no, or at least not as well as a professional could.

Yes, it does cost to hire a broker but chances are, they can sell your business at a price where you will hardly miss the amount of that cost.

Still Asking Yourself How do I Sell My Business?

Are you still asking yourself the question “how do I sell my business?” It’s a long process but not a difficult one if you know what you’re doing. There are many mistakes that you could make, but if you call an experienced broker they can walk you through the negotiations, the pre-closing, and closing process.

Need to get your business sold? Contact us today to talk to one of our experienced attorneys.

https://debruinlawfirm.com/wp-content/uploads/2019/11/Image_1-copy.jpeg 1025 1538 Bryan De Bruin https://debruinlawfirm.com/wp-content/uploads/2025/04/logo.png Bryan De Bruin2019-01-23 09:00:072019-11-25 15:49:22Let’s Move This: How Do I Sell My Business in South Carolina?

Do You Know How to Form an LLC? Here’s Why You Should Let a Lawyer Help

January 22, 2019/in Business Law, Resources

Entrepreneurs are a unique kind of person. They’re go-getters and are usually excited to see exactly what they’re capable of. They want to push themselves to their limits.

Sometimes though, those limits are actually forming the company they want to run. A lot of legal paperwork goes into forming any company. Not everyone knows how to form an LLC, or whether an LLC is right for them.

That’s why entrepreneurs looking to find their start in business should hire a lawyer first. Lawyers are experienced in forming many kinds of business, and they know how to work with many kinds of people. Their clients leave the offices excited and prepared for their futures, whatever may be in them.

Hiring a lawyer is also more than a way to prepare for the future. It sets people up for success early on and gives companies a formal edge against their competition.

Keep reading below to learn why you should hire a lawyer to form your LLC!

Lawyers Know What to Plan for

Do you have a plan for your business in case you end up getting a divorce? Even though it’s not something anyone wants to think about, provisions should be made in case it happens. Divorces end more small businesses than most people would think.

By talking with a lawyer before formalizing your LLC, they will go over provisions like this and many more. Lawyers plan for the future when drawing up an LLC, and they make sure it can keep going regardless of any legal issues.

Divorce is only one of the many unfortunate examples of things that can unexpectedly end a business. But the thing that ends businesses the most is simply a lack of preparation. By hiring a lawyer, you’re one step closer to securing your business’s future.

Your Lawyer Will Explain What You’re Signing

Legal documents are so full of jargon and confusing sentences that they can look like another language. Most people can’t take the time to read privacy policies when they use an app on their phone. How can they be expected to understand the mountain of documents associated with starting a business?

Luckily, lawyers speak the obscure language found on legal documents. They know how to explain LLC forms in a way that makes sense to the people running it. That way, you’ll know exactly what you’re signing.

You won’t accidentally form your tech company as a manufacturer, or anything like that. You’ll avoid many needless mistakes with a lawyer than if you try to form an LLC on your own.

It’s Their Job To Ask The Tough Questions

One of the most overlooked benefits of hiring a lawyer is that they force you to confront what it’s like to run a business. The make sure you understand the reality of running a company by asking you tough questions. Beyond asking about what you’ll do with the business, they’ll want the nitty-gritty details.

That’s because there are different things to file for if you expect to grow quickly, or want to stay small. The lawyer needs to know if the LLC will be family-owned or not, and who will play which role if it is. They’ll need to know if you plan to hire union employees or not.

While all of this should already be answered in your business plan, sometimes it isn’t. By hiring a lawyer, you force yourself to answer these questions before they become an issue.

Hiring a Lawyer Establishes a Relationship if You Need One Later

One of the biggest advantages of hiring a lawyer comes down the line. Most businesses reach a point in their lifecycle where they will need to hire a lawyer. Sometimes you may want someone to look over a contract, or you may need to file a copyright claim on something.

If you hire a lawyer to form your LLC, you’ll be creating more than a company. You’ll also establish a professional relationship with someone who has a valuable skillset. As the person who formed your business, they’ll know it better than a random lawyer you might find online.

That means thorough, quicker, and more meticulous work for you when you need it. It’s always better to work with the people you know than to risk getting someone new. Especially when it comes to something as vital as legal work!

Lawyers Know How To Form An LLC, You Can Focus On Running It

By hiring a lawyer to file the actual forming documents, you’ll be able to pay attention to other things. Rather than spending hours sifting through documents on your own, you’ll be able to actually focus on building the business. That means you have more time to interview candidates, prepare marketing materials, and anything else.

That allows you to capitalize on the early excitement you may have for your new LLC. You won’t burn out by facing the reality of paperwork and legalese that comes with running a company. Instead, you can focus on what you want to do: making money, making a name for yourself, and changing the world.

Formal Company Structure Means More Productivity

Early on, companies may lack a formal structure between employees and managers. This will always come as a cost to your overall productivity as people get confused about their roles. But if you file as an LLC formally, you’ll have a definite organization style to refer to when people get confused.

LLCs have a clear owner, which means managers and employees will always understand who leads them in the end. The person who signs the documents will have the power to make dramatic changes in the company if it needs it. That sort of power helps people understand their role in the company and can boost productivity as a result.

Do You Need a Lawyer to Create an LLC?

While it’s true that South Carolina doesn’t legally require you to hire an attorney to form a Limited Liability Company (LLC), opting to go it alone can be a classic example of being penny wise and pound foolish. The initial filing of “Articles of Organization” with the South Carolina Secretary of State might seem straightforward, and indeed, you can do it yourself online or by mail, or even through various online services. However, the apparent simplicity of this initial step often masks a labyrinth of legal complexities and ongoing responsibilities that can have significant long-term implications for your business.

The notion that “not required” equates to “not beneficial” is a critical distinction when it comes to business formation. Setting up an LLC is more than just checking a box; it’s about laying a robust legal foundation for your entrepreneurial venture. Without a comprehensive understanding of the legal landscape, you risk making costly mistakes, exposing yourself to unnecessary liabilities, and hindering your business’s future growth.

The Deceptive Simplicity of DIY LLC Formation

Many aspiring business owners are drawn to the LLC structure because of its perceived ease of formation and the limited personal liability it offers. This protection means that, in most cases, your personal assets are shielded from business debts and lawsuits. However, achieving and maintaining this protection, along with navigating the myriad of other legal requirements, is where the expertise of a business formation lawyer becomes invaluable.

Consider the analogy of building a house. You might be able to pour the concrete slab yourself, but without an architect, structural engineer, and skilled contractors, you risk a shaky foundation, code violations, and ultimately, a house that crumbles under pressure. Similarly, while you can file the basic paperwork for an LLC, a lawyer acts as your architect and engineer, ensuring your business’s legal framework is sound, compliant, and optimized for your specific goals.

Key Benefits of Partnering with a Business Formation Lawyer in Greenville, SC

Engaging a knowledgeable business formation lawyer in Greenville, SC, offers a multitude of advantages that extend far beyond simply filing a document.

1. Choosing the Right Business Structure for Your Vision

An LLC is a popular choice for good reason, offering a blend of liability protection and flexible taxation. However, it’s not a one-size-fits-all solution. A lawyer will delve deep into your unique business goals, industry specifics, financial situation, and long-term aspirations. They’ll analyze whether a sole proprietorship, partnership, S-corporation, or C-corporation might be a more advantageous legal structure for you.

This analysis goes beyond just liability; it encompasses critical tax implications. For example, while an LLC defaults to “pass-through taxation” (meaning profits and losses are passed through to the owners’ personal income without being taxed at the business level), a lawyer can advise on the potential benefits of electing S-corp status, which can sometimes lead to self-employment tax savings. They’ll clearly explain the pros and cons of each structure, empowering you to make an informed decision that aligns with your financial strategy. Without this expert guidance, you might inadvertently choose a structure that results in higher taxes or limits your growth potential.

2. Drafting a Robust and Tailored Operating Agreement

If there’s one document that stands as the bedrock of your LLC, especially if you have multiple members, it’s the Operating Agreement. While South Carolina doesn’t legally mandate an operating agreement, failing to have one is akin to navigating uncharted waters without a compass. This document serves as the internal governing roadmap for your LLC, preventing future disputes and outlining how your business will operate.

A lawyer won’t just provide a generic template; they’ll draft a custom operating agreement meticulously tailored to your specific business needs and member relationships. This comprehensive document will precisely outline:

  • Ownership Percentages and Capital Contributions: Clearly defining who owns what and how much each member has invested.
  • Member Roles, Responsibilities, and Management Structure: Establishing whether the LLC will be member-managed (where all members participate in daily operations) or manager-managed (where specific individuals are designated to run the business), and detailing individual duties.
  • Voting Rights and Decision-Making Processes: Setting clear procedures for how major business decisions will be made, including voting thresholds and methods.
  • Procedures for Admitting New Members or Exiting Existing Ones: Establishing fair and transparent processes for welcoming new partners or handling the departure of current ones, including buy-sell provisions.
  • Profit and Loss Distribution: Detailing how profits and losses will be allocated among members, which can be crucial for tax purposes and member satisfaction.
  • Dispute Resolution Mechanisms: Outlining a clear pathway for resolving disagreements among members, potentially avoiding costly litigation down the line.
  • Provisions for Dissolution of the LLC: Planning for the orderly winding down of the business, should that ever become necessary, including asset distribution.

A well-drafted operating agreement is a powerful preventative measure, safeguarding your business and personal relationships from potential conflicts and financial risks among members. It provides clarity and a framework for addressing unforeseen circumstances.

3. Ensuring Comprehensive Compliance and Avoiding Costly Errors

Business formation involves far more than merely filing the Articles of Organization. There’s a labyrinth of local, state, and federal regulations that must be adhered to. A lawyer is your expert guide through this regulatory maze, ensuring you comply with all requirements and, more importantly, helping you avoid costly penalties or future legal challenges. This includes:

  • Verifying Business Name Uniqueness and Availability: Ensuring your chosen business name is unique and available for registration in South Carolina, preventing potential trademark or legal conflicts.
  • Obtaining an Employer Identification Number (EIN) from the IRS: This is essentially your business’s social security number, required for opening bank accounts, hiring employees, and filing taxes.
  • Advising on Necessary Business Licenses and Permits: Every industry and sometimes even every location has specific licensing requirements. A lawyer can identify and guide you through obtaining all necessary local (Greenville-specific), state, and federal licenses and permits relevant to your industry. Forgetting a crucial permit can lead to fines, operational halts, or even the forced closure of your business.
  • Understanding Ongoing Reporting Obligations and Annual Fees: LLCs often have annual reporting requirements and fees that, if missed, can lead to the administrative dissolution of your entity, jeopardizing your limited liability protection. A lawyer will make sure you’re aware of these ongoing obligations.

4. Protecting Personal Liability: Piercing the Corporate Veil

One of the primary reasons entrepreneurs choose an LLC is for the limited liability protection it offers, shielding personal assets from business debts and lawsuits. However, this protection is not absolute. Situations can arise where this protection can be “pierced,” meaning a court could hold you personally liable for business obligations. This often occurs when business and personal finances are commingled, or when the LLC is not treated as a separate legal entity.

A lawyer will provide crucial advice on best practices to maintain the integrity of your LLC and ensure your personal assets remain protected. This includes guidance on maintaining separate bank accounts, proper record-keeping, and adhering to all corporate formalities.

5. Registered Agent Services: Ensuring You Don’t Miss a Beat

Every South Carolina LLC is legally required to have a registered agent with a physical street address in the state. This individual or entity is responsible for receiving official legal documents, such as service of process (summons and complaints), as well as important tax and government notices.

Some law firms offer registered agent services as part of their business formation package. This ensures that you never miss a critical legal or tax notice, which could otherwise lead to default judgments, penalties, or other detrimental consequences for your business. Relying on a professional registered agent service adds another layer of compliance and peace of mind.

6. Addressing Complexities: When Your Business Isn’t Simple

If your LLC involves multiple partners, complex asset structures, unique ownership arrangements, or if you anticipate seeking institutional financing (like venture capital or bank loans), a lawyer’s expertise becomes not just beneficial, but indispensable. These scenarios introduce layers of complexity that generic online services or DIY approaches simply cannot address.

A seasoned business attorney can anticipate potential issues, mitigate risks, and draft agreements that precisely safeguard your interests and the interests of your co-founders. They can navigate intricate negotiations, structure equity distributions, and ensure your business is attractive and legally sound for future investors.

7. Long-Term Planning and Proactive Risk Management

The relationship with a business attorney doesn’t end with the formation of your LLC. A good business lawyer serves as a valuable, long-term resource for your ongoing legal needs, offering proactive advice that can save you significant time, money, and headaches down the road. They can advise on:

  • Intellectual Property Protection: Guiding you through the process of securing trademarks for your brand name and logo, and copyrights for original works, protecting your creative assets and competitive edge.
  • Drafting Employment Contracts and Policies: Ensuring compliance with labor laws, clearly defining employee-employer relationships, and establishing fair workplace policies.
  • Contract Negotiations: Reviewing, drafting, and negotiating various business contracts, such as vendor agreements, client contracts, and partnership agreements, to protect your interests.
  • Business Succession Planning: Helping you strategize for the future of your business, whether it involves selling the company, passing it down to family, or other transition plans.
  • Mitigating Legal Risks: Proactively identifying potential legal pitfalls and advising on strategies to minimize exposure, thereby enhancing your business’s overall resilience.

An Investment, Not an Expense

While the state of South Carolina doesn’t legally require a lawyer to form an LLC, viewing legal assistance as an unnecessary expense is a common misconception. In reality, engaging a business formation lawyer in Greenville, SC, is an investment in the long-term health, stability, and success of your venture. They provide invaluable guidance, foresight, and protection that can prevent costly mistakes, ensure compliance, and allow you to focus on what you do best: running and growing your business.

Attempting to navigate the complexities of business formation without professional legal guidance can expose you to unforeseen liabilities, legal disputes, and operational inefficiencies that far outweigh the initial cost of attorney fees. By entrusting your LLC formation to a Greenville SC business formation lawyer, you’re not just getting a legal document filed; you’re building a solid, compliant, and secure foundation for your entrepreneurial dreams.

Hiring a Lawyer Will Set You Up Quickly, So You Can Get Right to Business

Knowing how to form an LLC effectively can take years of work and practice. Setting up a company for success means understanding it intimately, as well as the people running it. It means knowing where problems may lie and confronting them immediately.

It also means navigating a bureaucratic maze of legalese and jargon. Most people don’t have the time or willpower to do that. Entrepreneurs just want to get to work, not sift through paperwork.

That’s why hiring a lawyer to form your LLC places you at an advantage.

So contact us, and we will ensure that you’re set up with an LLC that lets you focus on what you do best: running a business. We look forward to hearing from you!

https://debruinlawfirm.com/wp-content/uploads/2019/11/achievement-agreement-business-886465.jpg 1025 1537 Bryan De Bruin https://debruinlawfirm.com/wp-content/uploads/2025/04/logo.png Bryan De Bruin2019-01-22 09:00:492025-06-30 14:30:19Do You Know How to Form an LLC? Here’s Why You Should Let a Lawyer Help

London Lawyers defend billings

August 29, 2018/in Domestic Violence, Education Law, Gun Crimes, Insurance Defense, Personal Injury, Real Estate Law

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Your Guide to the Difference Between a Merger and Acquisition

August 8, 2018/in Business Law

People often talk about mergers and acquisitions in the same breath – but they aren’t actually the same thing. Do you know the difference between the two?

Even if you don’t have your own business, it’s valuable to understand these concepts.

If a business you support is involved in a merger or acquisition, you’ll know exactly how this will affect it going forward. And, of course, if you have your own business, you’ll want to know the benefits and drawbacks of merger vs acquisition as you decide on the future.

In this guide, we’ll teach you the difference between merger and acquisition so you can easily make the right business decisions. Whether you’re a consumer or a business owner, keep reading to learn more!

Merger vs. Acquisition: The Basics

Both acquisition and merger have once basic goal: to make a business stronger or more profitable. They help preserve the strength of your business and give it the potential to grow further.

Of course, the business world is complicated, and there can also be underlying, darker motives in these situations too. For example, these business moves might be made to protect the jobs of a board of directors.

However, the basic concept behind mergers and acquisitions is to grow the wealth of the shareholders. This may not always succeed, but it’s generally the goal.

The Difference Between Merger and Acquisition

Let’s take a closer look at how these two business moves are different, and why a company might choose one over the other.

Acquisitions

Most of the time, acquisitions are less complicated than mergers. During an acquisition, one company – the acquiring company – buys a major stake in another company – the acquired company.

The acquired company doesn’t just morph into a branch of the acquiring company, though. It might keep its original name and unique identity, or it might get totally absorbed. This depends on what the acquiring company plans to do with it.

Most of the time, the acquiring company is larger and more powerful, which is why it’s able to acquire other companies. Some people call acquisitions “takeovers” – a more literal term for what actually happens.

However, both of these terms sound a bit negative and imply that the acquired company doesn’t stand to benefit from the situation, or was taken over against its will. This often isn’t the case at all.

Another slightly different situation is the “tender offer.”

In this case, one company does buy a major portion of stock in another company, just as with a takeover.

However, tender offers are usually arranged between the shareholders directly. These moves don’t involve a board of directors, while takeovers usually have to b approved by the board and by management.

Mergers

A merger means that two companies are joining in a partnership to create a new, third business. Most of the time, the two companies are similar in power and size. In the new business, they are equal partners.

A similar situation is a consolidation. This also means that two companies that were once separate join together to do business.

Reasons for Merger vs. Acquisition

Acquisitions usually imply that the two companies aren’t equal since one has the power to “take over” the other.

In mergers, the businesses involved are on a more level playing field.

However, both mergers and acquisitions can be beneficial for all companies involved. It just depends on the situation.

1. Diversification

Two companies might become one if they’re hoping to diversify their investments or products.

For example, they might be wishing to offer more products, or to reduce risk by getting involved in another industry as well as the current one. When a firm acquires a company that does something different than they do, it’s no longer completely dependant on a single industry.

This can also be a way for companies to stay relevant.

If a company in an industry sees that there’s a new, more innovative product on the market than what they offer, they might buy a company offering that product. This keeps them from becoming outdated and overtaken by a newcomer.

2. Foreign Diversification

Businesses might also want to diversify across countries. Mergers and acquisitions with companies in other countries can help reduce risk too.

For example, while one country has a recession, the other country’s economy might boom, so the business that’s in both places will still do well. This also helps reduce foreign exchange risk.

3. Improved Finances

Mergers and acquisitions also help businesses improve their financing.

A large business can often get more financing through capital markets than small businesses can. A merger means that the new, larger business is able to get for potential equity and debt financing.

If a company is financially struggling – maybe going out of business or going bankrupt – they might seek out a larger company for an acquisition. The acquisition can allow the business to keep going while offering a source of financial stability.

4. Tax Incentives

There are a number of tax advantages to these business moves. For instance, if one of the companies involved had net losses, the profits of a company it merged with could offset those losses.

However, this only works well if the new, merged businesses are projected to achieve financial gains in the future.

A more nefarious tax advantage involves business location. Sometimes, a company in a location with a high corporate tax might seek to merge with a company in a place with a low corporate tax. This can allow the new company to save millions – or more – in taxes.

Acquisitions, Mergers, and the Law

The difference between merger and acquisition is significant. These are two very different situations, but many times, businesses have the same reasons for doing each one.

Some of those reasons are straightforward, while others are more complex. But no matter what, it’s important for companies to do everything legally. Otherwise, they’ll be set up for serious trouble in the future.

Do you need merger and acquisition attorneys to make sure everything’s done right? Contact us today to schedule a meeting with an attorney who can help.

https://debruinlawfirm.com/wp-content/uploads/2019/11/Image_1-1-copy-3.jpeg 1025 1538 Bryan De Bruin https://debruinlawfirm.com/wp-content/uploads/2025/04/logo.png Bryan De Bruin2018-08-08 17:08:082021-03-09 19:43:27Your Guide to the Difference Between a Merger and Acquisition

What Is Covered Under the South Carolina Lemon Law?

August 5, 2018/in Business Law, Resources

With most car owners prefer to buy a new car whenever they can afford it, some companies are even starting to offer subscription services to buyers.

But just because you’re getting a new car doesn’t mean that you’re not potentially subject to buying a lemon. If you don’t know South Carolina’s lemon law, you should learn how it could protect you in case you get stuck with one.

Here’s a break down of what you can expect.

Get to Know What “New” Means Under the Lemon Law

South Carolina has a lemon law that only applies to new cars. This is bad news for used car buyers who feel they might have gotten ripped off on a used car that fell apart as soon as they drove away. However, the term “new” has a very strict definition.

The car that you buy must have been bought directly from the manufacturer by the dealer in order for it to be considered new. If it had been driven outside of simple test drives in the area, it’s not considered new. One thing that will seriously dampen the case of the car being considered new is if the title had ever been issued.

The idea of a “lemon” also has a very specific meaning as well. A “lemon” isn’t just a car that you don’t like or that doesn’t drive the way you expected it to. It’s a car that has defects.

When you establish trust with your car dealer, you hopefully won’t have to worry about buying a lemon.

If you bought a new car, it’s covered under South Carolina’s lemon law so long as any defect you found was within a year or 12,000 miles on the road. If the problem causes difficulty with the vehicle’s use, impedes the safety mechanism, or lowers the market value, you could be covered. If you brought it up to the manufacturer and they’ve kept you waiting an unreasonable amount of time, that could be covered too.

So You’ve Bought a New Lemon

If you’ve decided that you’re sitting with a new car that could be a lemon, you need to first check that you’re still under warranty. If the warranty hasn’t expired yet, call the manufacturer to see what they can do. It might be tempting to just call the dealer but for legal protection, notify the manufacturer in writing.

First, the manufacturer has a legal obligation to you. They’re required by the law to fix your vehicle within a reasonable window of time at no cost to you.

You need to know what the terms are for “a reasonable time”. It means that if your car sits in the shop for 30 days with no one working on it, they’ve run out of time. If they’ve attempted to make the repair but have failed three different times, that’s considered beyond “reasonable” as well.

Know your rights and don’t be afraid to hold manufacturers liable to the letter of the law.

What to Do If You’re Beyond a Reasonable Time

IF your repairs seem to be dragging on and on, leaving you for more than 30 days without a running vehicle, your manufacturer has a few choices. They can replace your vehicle or offer you one comparable to get you back on the road. They could also just refund your money.

When they refund you, they would have to refund any taxes or registration fees you’ve paid for the car. If you’ve paid any finance charges, the manufacturer would be responsible for refunding that as well.

If there is any kind of arbitration that the manufacturer wants to go through, you’re required to take part in by law. You’re not required to pay for it, however. If any decisions get made, those decisions are binding to the manufacturer but not to you.

If settlement solves the issues, you’re able to just walk away and not have to deal with that lemon any further. You’re always welcome to take that money and buy another car from another dealership or get another car from that manufacturer.

If you don’t feel satisfied with the outcome of your arbitration, that’s when you’d file a lawsuit.

Get to Know State Protections

There are laws that protect both new and used car owners that you should be aware of. These laws are general consumer protection rules that can help you in case you’re taken advantage of by sellers.

Under consumer laws in South Carolina, you’re allowed to file a lawsuit against a dealer who you think has knowingly or not sold you a lemon. If there are deceptive practices at play or if they treated you unfairly, the Unfair Trade Practices Act can recover damages. You can actually get three times the amount you spent in damages and legal fees as a reward.

Beware Unfair Trade Practices

There are some pretty standard and simple practices that are prohibited in South Carolina. If a car seller inaccurately describes any kind of product or service, they’re in violation of the law. If they make any false offers of a gift or any kind of prize for buying at a certain price or tell you about a prize offer, it must be legitimate.

If they skirt any of the standards of manufacturing written into South Carolina state law, they’ll be held responsible. If they then give you a confusing pricing scheme that they refuse to explain, that’s considered an unfair trade practice.

The South Carolina Lemon Law Puts Consumers First

When you first hear about the South Carolina Lemon Law, you might be surprised to find out how heavily it favors the car owner. Thankfully for you, there are fantastic protections for consumers available in South Carolina. You won’t have to worry about buying a lemon when you buy from a reputable dealer.

Once you’re on the road, follow our guide to staying out of trouble, even when you’ve made a mistake.

https://debruinlawfirm.com/wp-content/uploads/2019/11/the-lemon-law-1.jpg 627 940 Bryan De Bruin https://debruinlawfirm.com/wp-content/uploads/2025/04/logo.png Bryan De Bruin2018-08-05 12:11:142021-03-09 19:43:35What Is Covered Under the South Carolina Lemon Law?
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