Business Law & Corporate Transactions

Long Island Business Law Attorneys

Business Startup & Formation

Blodnick, Fazio & Clark regularly counsels entrepreneurs as to what kind of business structure would be most beneficial for their company, along with other structural and internal governance issues. The firm’s legal attorneys assist with the negotiating and drafting of contracts among business owners and between the business and its clients or vendors, when necessary. The legal attorneys also helps its clients to draft and execute complex corporate documents, including employment agreements, buy-sell agreements, shareholder agreements and operating agreements.

Corporate Acquisitions & Mergers

The firm’s attorneys at law have a wealth of experience representing both buyers and sellers in mergers, acquisitions and other corporate transactions. The lawyers of Blodnick, Fazio & Clark supports its clients at every stage of the transaction. From the initial evaluation, through negotiation and drafting, to the final agreement, the firm’s legal attorneys counsel businesses on the difficult issues surrounding complex corporate transactions.

Corporate Restructuring

The legal attorneys at Blodnick, Fazio & Clark have extensive experience advising corporate entities that have grown to a point where their original business structure can no longer support the present company. The attorneys at law help business owners to redesign certain aspects of their expanding companies, positioning them to be more competitive in their respective industries. Blodnick, Fazio & Clark also counsels businesses struggling in the difficult economy with financial restructuring as a means of surviving lean times.

The attorneys at Blodnick, Fazio & Clark are skilled and knowledgeable in the area of business law and commercial transactions.  With offices conveniently located in Garden City, Nassau County, the firm provides high-quality legal care at reasonable prices.

If you require legal assistance concerning business startups, formation, corporate acquisitions and mergers, corporate restructuring, or another business matter, call (516) 280-7105 or fill out our contact form for a free consultation.

Business Interruption Insurance Disputes

Every business, no matter how successful, can be profoundly impacted when it is forced to close, even temporarily. When these business interruptions occur, you can lose potential profits, alienate customers, and suffer losses from spoiled inventory. Fortunately, business interruption insurance is available, and many businesses have business interruption coverage intended to protect them in just such an emergency.

However, simply because you have business interruption insurance does not mean your insurance company will pay when you suffer an interruption to your business. Like other forms of insurance, many policies limit the kinds of interruptions they will cover, and you may find yourself fighting to obtain compensation from your insurance company. When that happens, you should obtain trusted lawyers to represent you in your dispute with your insurer.

The business interruption insurance attorneys at Blodnick, Fazio and Clark will work on your behalf to help you obtain compensation from your insurer, and make sure you get every cent you are entitled to under your policy. Whether you have lost your business due to an unforeseen disaster, the actions of civil authorities, or even COVID-19-related closures, we can represent you to ensure you obtain the maximum potential benefit from your business interruption insurance policy. Our legal attorneys can assist you with a wide variety of possible business interruption issues, including:

  • Lost revenue
  • Wages
  • Lease or rent payments
  • Relocation costs
  • Loan payments
  • Lost or spoiled inventory
  • Taxes
  • Property damage

And more.

The business interruption insurance attorneys at Blodnick, Fazio and Clark are ready to represent you and fight for the compensation you deserve. With offices conveniently located in Garden City, Nassau County, and Babylon, Suffolk County, the firm provides high-quality legal care at reasonable prices. If you require legal assistance concerning business interruption insurance, business startups, formation, corporate acquisitions and mergers, corporate restructuring, dissolutions, or another business matter, call (516) 280-7105 or fill out our contact form for a free consultation.

Corporate Dissolution

No one forms a business with the expectation that it will fail or forms a corporation with the intention that it will one day need to be dissolved. And yet, corporate dissolutions are more common than most people realize, as businesses cease to be profitable or the business’ owners drift apart. Additionally, COVID-19 has made corporate dissolutions necessary for many businesses, including those that were once successful. If you find yourself in this sort of situation, you should seek out a business law attorney with experience in handling corporate dissolutions.

The legal attorneys at law at Blodnick, Fazio and Clark are available to represent you in your corporate dissolution and are ready to guide you through the process of wrapping up your business affairs. Our experienced team of business law attorneys can represent you in a variety of issues that can arise during a corporate dissolution, including:

  • Settling unpaid debts
  • Liquidating assets
  • Shareholder disputes
  • Unpaid wages and benefits
  • Tax obligations
  • Obtaining a Certificate of Dissolution

And more.

If you have a question about corporate dissolutions or other issues related to business law, contact the attorneys at law at Blodnick, Fazio & Clark. With offices conveniently located in Garden City, Nassau County, and Babylon, Suffolk County, the firm provides high-quality legal care at reasonable prices. If you require legal assistance concerning business startups, formation, corporate acquisitions and mergers, corporate restructuring, or another business matter, call (516) 280-7105 or fill out our contact form for a free consultation.

Corporate Bankruptcies

For many businesses, bankruptcy can seem like a terrifying prospect, even when they are faced by monumental debt. Aside from fearing the loss of what they already have, many business owners fear the sense of failure that comes with declaring bankruptcy. However, if you are struggling with debt and have little hope of repaying it all, bankruptcy can offer your business an opportunity to start over and give you another chance at achieving financial success.

The bankruptcy attorneys at Blodnick, Fazio and Clark are prepared to assist businesses in the process of filing for bankruptcy. Our attorneys at law will work with you to determine what kind of bankruptcy might work best for you, and help you create a plan that will lead you out of debt and back on the path to financial success. We place a special focus on Chapter 11 and Chapter 13 bankruptcies, helping you to restructure your debts and reorganize your business, making your debts more manageable and your business more profitable. Our lawyers will assist you with a variety of bankruptcy issues, including:

  • Initial filing
  • Debt negotiations
  • Business restructuring
  • Tax issues
  • Creditor disputes
  • Ongoing liabilities

And more.

If you have a question about declaring bankruptcy or other issues related to bankruptcy law, contact the attorneys at law at Blodnick, Fazio & Clark. With offices conveniently located in Garden City, Nassau County, and Babylon, Suffolk County, the firm provides high-quality legal services at reasonable fees. If you require legal assistance concerning filing for bankruptcy, creating a restructuring plan, renegotiating your debts, or another related matter, call (516) 280-7105 or fill out our contact form for a free consultation.

Partnership Agreements

In many ways, a partnership is the most basic of business arrangements, but it is the heart of many small businesses. While a formal partnership agreement is not strictly required by New York State law, it is an important part of making sure your partners are all on the same page about how your business should be run. Thus, if you are running a business partnership without a formal agreement, or want to start a business partnership with others, you should seek legal guidance to create a partnership agreement.

The business lawyers at Blodnick, Fazio & Clark will work with you to create a partnership agreement that suits your business’ needs. We will help you deal with any issue that may arise when creating your partnership, including:

  • Partner contributions
  • Profit sharing
  • Management and job duties
  • Rules for collective decision making
  • Rules for admitting new partners
  • Rules for leaving the partnership
  • Roles for spouses/family members
  • Disputes between partners

Our experienced legal attorneys at law will guide you through the steps of forming a partnership agreement that protects the interests of every member of your partnership. We will help you to decide how you want the profits and losses to be split in your partnership, and create rules for admitting new partners. We will also help you deal with any issues or lawsuits that could arise if one partner decides to leave the partnership, or if one of you suddenly dies and leaves their stake in the business to an heir. These are issues that could devastate your business if you aren’t prepared to deal with them, so contact a business lawyer to help you before it becomes an emergency.

The business law attorneys at Blodnick, Fazio & Clark are skilled and knowledgeable in the area of business law, including partnership agreements and lawsuits. With offices conveniently located in Garden City, Nassau County, and Babylon, Suffolk County, the firm provides high-quality legal care at reasonable prices. If you require legal assistance concerning business startups, formation, corporate acquisitions and mergers, corporate restructuring, or another business matter, call (516) 280-7105 or fill out our contact form for a free consultation.

Joint Venture Structuring

There are some things you simply cannot handle alone, no matter how competent you are in your chosen field. Even in business, some things may be out of your reach, unless you are willing to cooperate with someone else to get the job done. When two or more businesses decide to team up for the sake of pursuing a goal that requires their collective abilities and resources, it is known as a joint venture. And in many ways, creating a joint venture can be just as intense as starting a new business from scratch.

The business lawyers at Blodnick, Fazio & Clark will work with you to structure your joint venture and make sure it advances your business’ interests. We handle a variety of issues related to joint ventures, including:

  • Defining the scope of the joint venture
  • Managing conflicts of interest
  • Obtaining financing
  • Creating rules for control of the venture’s funds
  • Negotiating ownership of assets
  • Limiting liability
  • Resolving internal conflicts
  • Creating an exit mechanism

Joint ventures can be ideal for taking advantage of potential opportunities, but they can also be sources of strife for the unwary. That is why our attorneys at law will work with you to create a joint venture agreement that will protect your interests and rights. We will help you work out thorny issues related to the financing of the joint venture’s activities, and help you determine the level of control over its assets. We will also help you negotiate methods for resolving internal conflicts, including the use of alternative dispute resolution methods like arbitration or mediation. These may seem like silly issues, but working them out in advance can save you a lot of headaches later.

The business law attorneys at Blodnick, Fazio & Clark are skilled and knowledgeable in the area of business law, including joint venture agreements. With offices conveniently located in Garden City, Nassau County, and Babylon, Suffolk County, the firm provides high-quality legal care at reasonable prices. If you require legal assistance concerning business startups, formation, corporate acquisitions and mergers, corporate restructuring, or another business matter, call (516) 280-7105 or fill out our contact form for a free consultation.