Before entering into a business transaction, it is important to understand the laws and regulatory schemes, which control the business deal being negotiated. Commercial law, sometimes known as business law, is the body of law, which governs business and commercial transactions. It is often considered to be a branch of civil law and deals both with issues of private law and public law.
Commercial law includes choice of entity decisions, corporate contracts, employment agreements, which govern hiring practices, and agreements, which control the manufacture and sale of consumer goods. It can also be understood to regulate banking transactions, corporate divorces, business succession planning, the purchase and sale of businesses, and the tax consequences of each previously mentioned activity.
In the United States, commercial law is the province of both the United States Congress under its power to regulate interstate commerce and the states under their police power. Efforts have been made to create a unified body of commercial law in the U.S.; the most successful of these attempts has resulted in the general adoption of the Uniform Commercial Code.
At Raslan Pla & Company, LLC, our attorneys have advised individuals, entrepreneurs, small businesses, corporate general counsels, investor groups, and foreign and domestic mid-size corporations. Our attorneys regularly work with our clients’ financial advisors, accountants, bankers and other specialized professionals in order to provide our clients with resources that will aid them in structuring and managing a successful business enterprise.
Contact Raslan & Pla & Company, LLC to schedule a consultation with one of our business attorneys. Our attorneys are available 24 hours a day, seven days a week to provide you with the legal representation you need.
