Phone (978) 921-1050
Toll Free (866) 550-1050
Fax (978) 921-7877
86 Dodge Street, Route 1A
Beverly, MA 01915

Business & Corporate Law

Our attorneys regularly assist individuals form and maintain various business entities such as corporations, limited liability companies (LLCs), limited partnerships (LPs), general partnerships, and sole proprietorships. We will discuss with you the pros and cons of each choice of entity and help you to select the most appropriate choice for your venture.

We will assist you in the preparation of documents for business formation and operation (including Operating Agreements and Stockholder Agreements). Our corporate planning efforts will also include future provisions for succession planning, amounts and timing of capital contributions, rights to participate in subsequent equity infusions and loans, corporate governance, transfers and transfer restrictions, buy/sell rights and obligations (including the events permitting or requiring buy-outs, the amount to be paid to a person being bought out, and the funding and timing of buy-out payments), and the rights to cause and participate in the sale of the business.

Our corporate department also regularly counsels clients regarding the maintenance requirements for various business entities. In order to maintain limited liability, the Secretary of the Commonwealth requires many types of business entities to comply with “corporate formalities” including the holding of an annual meeting and the filing of an annual report.

To discuss your specific needs, please contact Attorney Heney ( or call (978) 921-1050.