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Business & Corporate Law

The team of corporate lawyers at McDaniel Wolff understand that the commercial world can be fast-paced and perilous for a company that is unprepared to meet the many legal dangers in the marketplace. Businesses located in Arkansas and throughout the country face an ever-changing and increasingly complex legal environment that requires significant experience and continuous planning to navigate. What we can do and what we do well, is take care of complicated legal matters so you can focus on your operations and profitability.

If we can assist your business with any legal matters, please call or email one of our attorneys featured on this page, or submit an inquiry via our contact form available here.

Business Formations

We regularly assist entrepreneurs with business formations within Arkansas and beyond. One of your first and most important decisions in starting a new business is choosing the right business structure. Each type of business entity provides specific benefits and potential liabilities for a company and its owners. For example, a corporation may shield its owners from personal liability, but it could create a situation where its owners are subjected to double taxation. A general partnership may avoid double taxation, but its owners could become personally liable for the debts of the business. Other business entities may offer the best of both worlds by providing an alternative range of protections and requirements.

Our corporate lawyers will review your goals and consider matters such as taxation, protections against personal liability for business debts, ownership transferability, management hierarchy and overall operations before advising you on the business structure that best suits your needs. We then take the steps necessary to register the appropriate entity with the Arkansas Secretary of State, the IRS and other applicable tax authorities, and draft proper organizational documents that will govern the company’s ownership and protect you from inter-company disputes.

We regularly assist clients with business formations using entities that include:

• Corporations (including S-Corporations)
• Limited Liability Companies (LLCs)
• Limited Partnerships (LPs)
• Limited Liability Partnerships (LLPs)
• Limited Liability Limited Partnerships (LLLPs)
• Professional Corporations (PAs)
• Professional Limited Liability Companies (PLLCs)
• Joint Ventures

After formation, members of our corporate law practice will be proud to continue to serve as outside general counsel to your company throughout its lifetime. By maintaining a close attorney-client relationship with you from the formation stage and onward, our attorneys will be well-positioned to provide prompt and cost-efficient counsel enabling your business to grow and thrive in a competitive marketplace.

We are dedicated to the formation and protection of Arkansas businesses. Whether you are seeking to create a new business or to expand the horizons of your current company, our team has the experience, dedication and skill to solve your legal issues.

Full-Service Corporate & Business Law Practice

The team of business attorneys at McDaniel Wolff play key roles in helping our clients implement their business strategies and achieve their goals in a wide array of areas. The full-service nature of our firm enables our corporate lawyers to consult with our colleagues in other practice areas and handle a wide array of corporate governance, finance, M&A, employment, regulatory compliance, and other matters for clients across most industries.

We routinely assist businesses with the following and much more:

• Business Formations (corporations, LLCs, partnerships and others)
• Preparation of Business-to-Business Contracts
• Preparation of Customer Forms and Agreements
• Mergers and Acquisitions
• Corporate Governance and Fiduciary Liability
• Business Reorganizations
• Employee Benefits and Executive Compensation
• Government Relations
• Joint Ventures and Strategic Alliances
• Commercial Litigation
• Regulatory Reporting and Compliance
• Debt Restructuring
• Labor and Employment Law Disputes
• Securities Law and Private Equity Fundraising
• Business Succession Planning
• Tax Planning and IRS Controversy
• Trade Secret and Intellectual Property Protection
• Real Estate Sales, Acquisitions and Commercial Leasing
• Commercial Lending

No matter where your business takes you, the attorneys at McDaniel Wolff can help with your legal needs.  We regularly counsel boards of directors, executive officers, and equity holders on the entire array of issues that confront companies on a day-to-day basis. We’ll tell you what the law requires, where the legal hazards exist, and make the law work for you.

Tax-Focused

Our tax practice uniquely positions us to provide clients with premier corporate legal services with a focus on tax planning. By adding value through complementary practice areas, our team takes a proactive approach, helping clients develop preventive measures to minimize their income tax liability and implement strategies to benefit from available tax credits.

Our team of corporate lawyers have advanced degrees in taxation and regularly advise clients on tax efficient strategies beginning at the business formation stage, all the way to planning for the sale of a business or family succession, and everything in between. We help clients avoid tax pitfalls, and assist in the efficient structuring of business transactions to avoid overpayment of tax obligations. Our focus is always on adding value for our clients by making income tax considerations a top priority.

Corporate Governance

Our group of business attorneys advise directors, boards, and senior executives on the full range of corporate governance matters that confront companies and their leadership — from board structuring, fiduciary considerations and succession planning, to shareholder activism, securities regulation and everything in between.

We regularly assist companies with:

• Board composition, structure and requirements
• Director and officer liability
• Codes of ethics
• Potential conflicts of interest
• Regulatory and internal investigations
• Whistleblower procedures
• Executive compensation
• Audit and independent board committee issues

Drawing on our experience as seasoned business counselors, we keep clients abreast of evolving trends and best practices to stay ahead of compliance issues. When crises do arise, we call on our bench of experienced litigators to guide clients through the storm and reach a safe landing.

If we can assist you with any business or corporate legal matters, please call or email one of our corporate lawyers featured on this page, or submit an inquiry via our contact form available here.