Photo of Kenneth J. Gould and Marianne L. Sussman
Quality Legal Representation, Experience And Responsiveness

Providing Business Transaction Assistance Throughout Westchester County

Business transactions, when properly handled, can help your business grow while sparing you from unnecessary risk and expense. However, when a business transaction is mishandled, it can derail your business goals, exposing you to financial loss, lawsuits and other liabilities.

At Marcus, Gould & Sussman, LLP, we handle business transactions with the utmost care and attention to detail. Our attorneys have extensive experience handling a broad range of business transactions, allowing them to provide New York businesses the skilled guidance they need to thrive in today’s marketplace.

Experienced Business Law Attorneys

Our clients include small businesses, midsized businesses, partnerships, corporations, LLCs, professional practices, entrepreneurs and others engaged in business and professional transactions in New York. We routinely handle complex business transactions and can assist you with any business transaction, including:

We can also advise you on litigation avoidance strategies in order to save your company legal expenses going forward. When a dispute does arise, our commercial litigation attorneys are prepared to protect your interests in and out of court.

Frequently Asked Questions About New York Business Transactions

Running a business does not have to be draining. Our frequently asked questions address critical considerations for entrepreneurs and business owners like you seeking to make informed legal decisions.

What due diligence should one conduct before buying a business in New York?

Due diligence is critical to uncovering potential risks and helping ensure that the business is a sound investment. For that reason:

  • Review the company’s financial records, tax filings and profit-and-loss statements.
  • Examine all contracts with employees, vendors and customers to identify ongoing commitments.
  • Verify intellectual property assets like trademarks and patents, and confirm the business complies with New York laws and industry-specific regulations.
  • Inspect physical assets and inventory, check for pending or past litigation, and confirm current licenses and permits.
  • For certain industries, environmental and zoning assessments may also be necessary.

Your first line of defense against potential business acquisition risks is thorough due diligence.

What regulatory approvals are needed for a merger or acquisition in New York?

Mergers and acquisitions in New York often require specific regulatory approvals based on the size and nature of the transaction. Federally, compliance with the Hart-Scott-Rodino Antitrust Improvements Act may be necessary for more significant deals. At the state level, the New York Department of Financial Services (DFS) oversees transactions in the finance, health care and insurance industries.

Environmental permits or other industry-specific clearances might be necessary depending on the business type. Failure to secure these approvals can result in legal challenges or delays.

Who does one need to consult before starting a business?

Starting a business requires assembling a team of professionals to set a strong foundation. A business attorney can help select the right legal entity, draft governing documents and ensure regulatory compliance. An accountant or financial adviser is vital for managing taxes, budgeting and financial planning.

Consulting a compliance specialist or industry expert is recommended if your business needs specific permits or certifications. Marketing consultants and business mentors can also provide strategic guidance to support long-term growth.

How can a business transactions lawyer help negotiate better terms for a deal?

A business transactions lawyer can provide critical legal support by:

  • Conducting in-depth contract analysis
  • Identifying potential risks and negotiation leverage points
  • Helping to ensure compliance with New York state and federal regulations
  • Providing strategic feedback on deal structure and terms

Their experienced legal guidance transforms complex negotiations into opportunities.

Contact Us To Discuss Your Business Law Needs

We provide sound business law guidance to businesses in White Plains, throughout Westchester County and across New York state. Contact us today online or by telephone at 914-561-3249 to arrange a consultation with a knowledgeable business transaction lawyer.