Structural changes during a social enterprise’s lifecycle are inevitable and can take the form as asset transfers, mergers, strategic alliances, joint ventures, conversions, or dissolutions.
Where business viability is a concern, collaborations and strategic alliances to reduce overhead, streamline operations and increase efficiencies can be imperative to its survival.
Before entering into a merger, joint venture, or other strategic alliance, both parties should engage in a thorough due diligence process to ensure the strengths of both parties can be leveraged to achieve a common objective and goal.
Tovella Dowling guides its clients through the entirety of structural change transactions from the due diligence phase, government and regulatory approvals, and negotiation through the final execution of formal agreements memorializing such transactions.
With our deep understanding of the legal mechanics involved in these types of transactions, the attorneys at Tovella Dowling can opine on creative structures and non-traditional models to create sustainable revenue streams to solidify their client’s impact.
Not only does Tovella Dowling assist in the formation and general counsel of social enterprises, but its attorneys are also well-versed in the legalities surrounding the winding up and dissolution process.
Tovella Dowling assists in crafting plans of dissolutions, petitioning state agencies and judicial bodies for waivers of objections relating to the winding up and dissolution process, notice to creditors, liquidation and creditors hearings, judicial dissolution procedures, and final distribution to remaining shareholders.
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