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Business & Transactions

Ensure Legal Compliance with a Skilled Business Lawyer

Thousands of new businesses are started in the United States each month, but many do not survive more than a couple of years. It is essential for successful businesses to comply with general business, tax and employment laws. Even if selling or closing a business is desired, the proper steps must be completed. Prelle Eron & Bailey, P.A. in Wichita, Kansas, has a team of business lawyers who practice in all areas of business law.

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Business and Transaction Services

How Prelle Eron & Bailey, P.A. Can Help

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Contracts
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Contracts

Contracts are the manner in which individuals and businesses engage in any form of financial transaction. They can cover asset sales and acquisitions, leases, employment contracts, non-compete agreements, franchise agreements, real estate contracts, and many more. Contracts may exist between both businesses and individuals. At Prelle Eron & Bailey, P.A., we have handled all of these forms of contracts, and we can assist you with:

  • Contract drafting
  • Contract review
  • Contract negotiation
  • Contract disputes
  • Contract litigation
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Lending
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Lending

Loan transactions can be simple or complex. The most basic lending document is the promissory note. But loans can including lengthy and complicated lending agreements, security agreements, guarantees, assignments, and a variety of certificates, schedules, and exhibits. The business attorneys at Prelle Eron & Bailey, P.A. have substantial experience negotiating, reviewing, drafting, revising, and, if necessary, litigating lending transactions. Let us help you.

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Company Formation
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Company Formation

Prelle Eron & Bailey, P.A. can help you create a company in any form you desire, including limited liability companies (LLC), S and C corporations, partnerships, non-profit entities, sole proprietorships, joint ventures, and trusts. For single owner companies, the process is quick and relatively inexpensive. Multiple owner companies are custom-designed based on your needs and industry specifics. We have set up dozens of companies and would be happy to assist you.

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Owner Disputes
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Owner Disputes

Business owner disputes are very common among small or closely held entities. Unfortunately, individuals who go into business together often differ on management approaches and disagree on important decisions, which can ultimately lead to serious disputes. Such disputes may involve typical breach of contract claims as well as issues of corporate governance and fiduciary duties. An Prelle Eron & Bailey, P.A. business lawyer can help you get through an owner dispute issue.

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Wind Down and Dissolution
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Wind Down and Dissolution

Business owners who wish to close or end their businesses must follow a plan for doing so. Often, there are guidelines that must be followed per state statutes, the Internal Revenue Code, and state and local tax authority regulations. The highly experienced attorneys at Prelle Eron & Bailey, P.A. can help you in all aspects of wind down and dissolution.

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Sales and Acquisitions
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Sales and Acquisitions

For individuals or entities who would like to sell part of their business, purchase part of another business, or create an arrangement to work with another business, it is best to work with an experienced business lawyer. The laws surrounding sales, mergers, and acquisitions are complex, and Prelle Eron & Bailey, P.A. is highly experienced in the area.

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Employee Benefits Services
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Employee Benefits Services

Our team of attorneys is committed to providing specialized solutions for your employee benefits needs.  Drawing on our experience in the design, establishment, and operation of various plans, such as employee welfare benefit plans (ERISA plans), Section 125 cafeteria plans, and other fringe benefit plans, we adeptly address the complexities of benefit structures in both large and small companies.  This includes tailoring structures for different divisions, worker categories (e.g., salaried or hourly), and work sites.  Our expertise also extends to assisting small and medium-size companies in optimizing tax benefits for owners and management.  We offer advice and assistance for plan corrections using official IRS and Department of Labor correction programs.

Navigating the intricate landscape of employee benefit laws, including but not limited to ERISA, COBRA, and HIPAA, is a core aspect of our employee benefits service.  We guide clients, employee benefit advisors, and service providers through health care reform and the nuanced rules under the Affordable Care Act.

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Real Estate and Oil and Gas Sales and Leases
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Real Estate and Oil and Gas Sales and Leases

The real estate attorneys at Prelle Eron & Bailey, P.A. are adept at assisting buyers, sellers, landlords, and tenants. Whether you need a real estate attorney to negotiate and draft contracts or leases, conduct due diligence to minimize risk, resolve title issues, or assist with financing and mortgage documentation, we can help you reach your goals.

Prelle Eron & Bailey, P.A. attorneys have represented real estate buyers and sellers in a wide range of residential, office, and retail transactions, from single-family homes and condos to multi-building office complexes and hotels. Our real estate attorneys also represent landlords and tenants on high-end residential leases and all types of commercial leases, including restaurants, retail shops, and office space. Finally, our practice involves all facets of the oil and gas industry, including title opinions, transactional leasehold work, Kansas Corporation Commission Proceedings, and lease operator issues.

Prelle Eron & Bailey, P.A. Attorneys

Meet Our Team of Business and Transactions Lawyers

In addition to our founding attorney, David Prelle Eron, Prelle Eron & Bailey, P.A. is comprised of highly experienced attorneys with almost 60 years of combined experience.

Business & Transactions
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We’re Available: (316) 262-5500