Long Island Business News 6/22/12
Uniondale, June 22, 2012 — Partner Anthony B. Barton was listed in Long Island Business News’ “Who’s Who in Corporate Law 2012.” In the feature, Mr. Barton was asked about the aspects of running a new business specifically what are essential legal issue one advises clients to consider during this scenario?
He responded by stating, “For a new business, the entity chosen must provide limited liability and tax advantages, as well as a clear set of ground rules, through shareholders agreements or operating agreements, for multiple owners in terms of management, capital, compensation and distributions, and transfers and buy-outs. Frequently, businesses will initially have a modest amount of capital and will need to raise additional funds for its day-to-day operations and expansion of its marketing, hiring and inventory needs. Sometimes this capital can be borrowed from private lenders or traditional institutional lenders, but often the business may be forced to offer a portion of its equity to raise funds. The owners must be aware that they may have to address compliance with the applicable Federal and State securities laws in their capital formation plans.”
Anthony B. Barton’s practice focuses on commercial, corporate, banking, financing, employment, real estate, securities and regulatory matters. Mr. Barton drafts and negotiates complex contractual agreements in many types of transactions. This work includes mergers, acquisitions and divestitures, as well as extensive commercial, mortgage, asset-based and tax-exempt financings, real estate and equipment leasing, and private placements and public offering of securities. In addition, he often serves as outside general counsel for companies, handling their myriad of legal issues.
Founded in 1976, Forchelli, Curto, Deegan, Schwartz, Mineo & Terrana LLP is one of Long Island’s most acclaimed and distinguished law firms. Headquartered in Uniondale, NY, the Firm is conveniently located for clients in Nassau and Suffolk. The Firm employs nearly 50 attorneys who provide counsel to a broad range of clients, including national, regional and local businesses, major real estate developers and organizations, banks, insurance companies, municipalities, educational institutions, and individuals. Personal attention and quality representation that is both practical and cost-effective are hallmarks of the Firm’s policy towards clients.
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