Buying Or Selling A Small Business Government Contractor? Draft The Letter Of Intent Carefully To Avoid Immediate Affiliation

Buying a small business government contractor may not be as simple as a standard acquisition. This is particularly true if the small business wants to continue to qualify for federal small business set-aside and sole-source awards during negotiations. The U.S. Small Business Administration (“SBA”) treats stock options, convertible securities, and agreements to merge (including agreements in principle), as having a “present effect” on the power to control a concern. So if a letter of […]

By | Oct 03, 2023 ||

Recent M&A Transactions: 2023

Market leaders in technology, life sciences, financial services and a wide variety of other industries turn to WilmerHale for legal advice and business advantage. In 2022, we advised clients on more than 80 M&A transactions with an aggregate value of nearly $25 billion, providing guidance in corporate, securities, governance and tax, as well as antitrust and other regulatory areas. Since 2012, we have participated in approximately 850 mergers and acquisitions with a total value […]

By | Oct 01, 2023 ||

First Things First What To Do After You Form An Entity

A Note on Wording: New business owners typically say that they are the owners of a “company”. The word “company”, however, can be confusing because it is generally used to refer only to a limited liability company, or LLC. Texas permits businesses to be structured in many different ways, including corporations, partnerships (LPs, LLPS, etc.), and limited liability companies, among others. To avoid confusion, this article will use the word “entity” to refer to […]

By | Sep 29, 2023 ||