Michigan Corporate and Business Law

Banas and Associates assists family businesses and closely held companies, including corporations, LLCs and partnerships, in a wide variety of organizational, contract and financing matters. We offer tailored services to businesses acquiring, developing and disposing of corporate real estate for use in their business operations. We also serve as Michigan or special counsel to regional, national and global companies.

Industries Served

Our attorneys counsel clients in the following industries, among others:

  • Real estate investment and operation
  • Retail
  • Manufacturing
  • Health care
  • Hospitality (restaurant and banquet)
  • Sustainable energy and recycling
  • Professional and technical services

Specialized Services

We assist clients in the following transactions:

  • Entity organization and capitalization
  • Venture capital and private equity financing
  • Joint ventures
  • Reorganizations and buyouts
  • Asset purchases and sales; mergers and consolidations
  • Regulatory approvals and compliance
  • Construction contracts and design-build agreements
  • Engineering procurement and construction services agreements
  • Franchise and licensing arrangements
  • Asset based financing, mezzanine financing and SBA loans
  • Dissolution and liquidation of business entities

Employment Related Matters

  • Employment contracts
  • Employee handbooks, policies and procedures
  • Non-compete contracts
  • Discipline and discharge
  • Leaves of absence
  • Employment applications, offer letters and hiring issues
  • Corporate governance and fiduciary duty issues
  • Data management and privacy issues
  • Affirmative Action and EEOC

Representative Work

Restaurant Acquisition – Purchase of assets of iconic restaurant property located in downtown Birmingham, Michigan and organization of new restaurant operator.

Wind Energy Development – Development of wind energy project consisting of three 1.5MW wind turbines to provide electricity for Ohio manufacturing facility; installation of wind turbines and related site improvements on manufacturing facility land; resale of surplus electricity to local utility; and negotiation of turbine purchase agreements and engineering, procurement and construction services agreements.

Shareholder Buyout – Legal analysis of family business’ operations, assets and liabilities; negotiation of sale of shareholder’s 40% ownership interest to remaining shareholder.

LLC Reorganization – Reorganization of renewable energy company in connection with new round of venture capital financing; and preparation of related offering and governance documents.

MOB Ownership Entity – Negotiation of two-tiered ownership structure for development and ownership of medical office building involving health care institution and physician group.

Corporate Dissolution/Liquidation – Dissolution and liquidation of U.S. subsidiaries of German automotive supplier.

Partnership Division - Partnership division of LLC into two separate entities for organizational and federal income tax purposes.

Employment Matters - Preparation of employment applications, offer letters, employee handbook and policies for service company.

Medical Practice Reorganization - Reorganization of medical PC including revision of governance documents, shareholder agreements and employment agreements.

Equipment Lease - Preparation of equipment lease for rental of medical equipment. 

We welcome you to contact Banas and Associates to discuss how we may be of service.

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