The Freitas Firm > CLIENTS AND CASES > Cases of Interest

Sunday, May 20, 2012

CLIENTS AND CASES Cases of Interest Buy-out of Partner

	SAN RAFAEL MAIN OFFICE
	Westamerica Building
	Third Floor
	1108 Fifth Avenue
	San Rafael, CA 94901
	Phone: (415) 456-7500
	Fax: (415) 456-0266

	WEST MARIN OFFICE
	11150 Sir Francis Drake
	Point Reyes Station, CA 94956
	Phone: (415) 663-1333
	Fax: (415) 663-9155

Buy-out of Partner in Large Business

Our partnership team successfully negotiated the buy-out of a partner in our client's large landscaping business. Ultimately, the transaction worked well by adopting an ESOP for the company and having the selling owner's shares sold to the ESOP.

The ESOP couldn't buy out the interest for cash, and thus a secured installment purchase plan was structured and the transaction concluded. At last word, our client is doing well and now understands the advantages of having a buy-sell agreement in place for the eventualities we all know exist but often put off until it's too late.

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	From its establishment in 1925 as as a small, local practice, Freitas, McCarthy, MacMahon Keating, LLP has carefully grown into a strategically situated firm providing legal counseling on estate, transactions, and litigation matters throughout the Bay Area and Northern California. As the oldest existing law firm in Marin County, Freitas, McCarthy, MacMahon & Keating, LLP specializes in delivering exceptional client-based service with a strong commitment to responsiveness and action. The Freitas Firm ~ 1108 Fifth Avenue, San Rafael, CA 94901 · 11150 Sir Francis Drake, Point Reyes Station, CA 94956

From its establishment in 1925 as as a small, local practice, Freitas, McCarthy, MacMahon Keating, LLP has carefully grown into a strategically situated firm providing legal counseling on estate, transactions, and litigation matters throughout the Bay Area and Northern California. As the oldest existing law firm in Marin County, Freitas, McCarthy, MacMahon & Keating, LLP specializes in delivering exceptional client-based service with a strong commitment to responsiveness and action.

The Freitas Firm ~ 1108 Fifth Avenue, San Rafael, CA 94901 · 11150 Sir Francis Drake, Point Reyes Station, CA 94956