Business Advice & General Counsel

Handling your Business Affairs

Business Advice and General Counsel includes:

helping clients with formations/dissolutions of their business,
drafting foundational and operational documents,
buying or selling the family business,
or transitioning the family business from one generation to the next.

Business owners also face a variety of legal issues every day (e.g., actions of a competitor, behaviors of an employee, state agency requirements). We will find the answers for you and help you determine the best course of action.

(1) CORPORATE FORMATION

Connecticut has several different business entity types.

The main reason for forming a corporation is to limit the liability of the owners.

In a sole proprietorship or partnership, the owners are personally liable for the debts and liabilities of the business and creditors can go after their personal assets to collect business debts.

(2) CORPORATE DISSOLUTION

Connecticut has procedures in place for closing a business.

You will need to:

send notice to creditors,
prepare concluding resolutions,
file dissolution documents with the Connecticut Secretary of State,
and liquidate assets and distribute to remaining company members.

“Mike is a detail-oriented manager who watches the balance sheet like a hawk without losing sight of the strategic objectives.”

Judy Veraldo, Real Estate Broker Associate/Weichert Realtors

“Mike is an extremely capable and professional attorney with a broad scope of knowledge. Both he and his office staff are easy to work with.”

Kelly Giuliano, Partner, Hill & Hill LLC

“Attorney Sweeney has always served my real estate Buyers and Sellers very well. He provides excellent advice and brings the closing transaction to a smooth and in successful end.”

Rose Marie Cushing, The Cushing Group @ Raveis

“Attorney Sweeney has handled many matters for me personally as well as professionally. You always feel like you have someone on your side when working with Mike. He follows up on everything he does and gets results. I highly recommend working with Attorney Michael Sweeney.”

John Mastrobattisto, Chiropractor

“Michael is truly a professional in every aspect. I have tremendous respect for him as an attorney and a person. As a fellow attorney, I would recommend him to anyone seeking representation.”

Jay Hershman, SCRP

“Michael brings the term “personal service” to an entirely new level. Michael has worked with me on a few projects for mutual clients and also performed the closing for my mortgage refinance. I would recommend him without hesitation.”

Christopher Quinn, CPA

“Mike Sweeney is an exceptional transactional attorney. He is an exceedingly thorough technician. His mastery of the procedural nuances of estate planning, real estate transactions and business consulting (to name a few of Mike’s practice areas) is outstanding. Mike’s realistic approach and practical application of his expertise to a client’s unique issue(s) illustrates his competency in solving “real world” problems for the people he represents. I strongly recommend this attorney to anyone seeking exemplary legal services from a consummate professional who will take the time to understand all the issues facing a prospective client and/or her business.”

Bradford Sullivan