Entity Formation and Counseling

The firm has assisted parties in determining the appropriate form of entity in which to conduct business and has represented clients of all sizes. We have formed limited liability companies, general partnerships, limited partnerships, joint ventures and corporations. We have extensive experience in structuring entities for clients' real estate transactions. Our office works with clients' other advisors including accountants and other tax professionals to achieve clients' goals.

For entitles that we or others have formed, we have advised on ongoing requirements for doing business in that form. Some of the many issues on which we have advised include compliance with entity formalities to assure that the separateness of the entity will be recognized, management, capitalization, liability of the entities, their owners and affiliates, real property tax consequences of real estate purchase and leasing transactions and others.

Entity Formation and Counseling: Clients and Transactions

· LLC formation for numerous parties including investors, borrowers to meet single asset ownership requirements and operators of new businesses, usually when also contemplating related real estate transactions

· LLC formation for corporation forming entity as vehicle for a creditor's investment following debt to equity conversion

· Holding Company: Advice on real property tax consequences of property transfers, entity interest transfers, name changes, mergers and other transactions among affiliates and other parties

· Entity borrowers and their principals and guarantors: Numerous resolutions/authorizations required by lenders in financing transactions

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Williams & Associates
633 West Fifth Street
26th Floor
Los Angeles, CA 90071

Phone: 213-631-9201
Fax: 213-947-1799
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