Corporate Governance

Governance is essential for development and extension of any business venture in today’s complex and rapidly evolving legal and regulatory systems. Governance rules are custom- made and provide an “owner’s manual” for how a business is run, mandating compliance by all parties involved. Bierce & Kenerson is experienced in drafting the documentation that defines the relationships among shareholders, boards of directors, employees, lenders and others who have an interest in the business, advising on corporate governance best practices and managing compliance and related risks. Governance documentation protects a deal’s benefits, distributes and assigns responsibilities to all parties, limits risks and avoids surprise outcomes.

Our counsel on governance documentation may include the following transactions:

• Operating agreements, incorporation or LLC
• Corporate Stockholder Agreement
• Executive compensation
• Codes of Conduct
• Governance or Performance framework across life cycle of an ongoing business relationship
• Traditional contract and tort issues
• Dispute, Escalation and Resolution (negotiation, mediation, arbitration, litigation)
• Fiduciary duties