Corporate governance and ownership

Clearstone forms LLCs and corporations and prepares operating and shareholder agreements addressing ownership, contributions and management authority.

The documents establish who can commit the company, which decisions require owner approval, how additional capital is addressed and what happens when an owner leaves.

Voting provisions, reserved decisions and approval records matter when a company borrows, admits an owner or sells assets. Review encompasses existing agreements, resolutions, transfer restrictions and the authority of the people signing.

Buy-sell arrangements address departures, death, disability and deadlock. Transfer terms include purchase rights, required consents, payment obligations and the effect on existing guarantees.