Business

The firm of Compton & Duling is involved in virtually all areas of business, with a special emphasis on small to mid-size business organizations located in Northern Virginia. Our business practice includes business transactions, business planning and business organization.

Transactional work involves the transfer of ownership of a business or its assets. The two most common forms of business transactions are business asset sales and stock transfers.The firm's attorneys provide advice, guidance and representation for business clients who are selling or purchasing businesses, including the preparation and review of contractual agreements, negotiation of sale and purchase agreements, conducting the closing of the transfer of assets, preparation of financing documents required by the sale or purchase of business property, enforcement of business liens and related transactions. The business attorney must have a wide range of skills including knowledge of the commercial code and experience with secured and unsecured transactions, and the execution and comprehension of complex business forms that are necessary in order for a proper transition of ownership control.

Business planning incorporates thorough knowledge of contract law, labor law, and financial instruments, including secured transactions, unsecured transactions, operation of businesses and consequences of the operation for the business owner.

Compton & Duling is also involved with the organization and formation of different forms of business enterprises, including formation of corporations, limited liability companies, limited liability partnerships, general partnerships and professional limited liability partnerships, as well as giving advise to the business client as to the proper form of organization for the operation of business. We work closely with the different professionals that assist with the organization and formation of corporations, including accountants, business planners, financial advisors. The firm has reviewed or prepared the documents that are often used in the area of business organization, such as buy/sell agreements, cross purchase agreements, insurance planning for business owners, and the preparation and review of contractual agreements that arise out of the organization of a corporation.