Your Business, Your Values: Navigate Corporate Governance

Your business is a vital part of our Kansas and Missouri community. That’s why we approach corporate governance as a partnership that infuses your values into your business documents while meeting ever-changing local, state, and federal compliance standards. We are here to listen and help ensure that the legal necessities align with your plans for your business.

Let us help you navigate your corporate governance.

Corporate Restructuring

Change is difficult, and any change that involves legalities can be even more so. If you are facing the need to modify the existing corporate structure, operations, or finances of your company, we’re here to help. We understand the ups and downs of running a business ourselves, so let us help guide you through the legal changes that position your business to be more competitive and financially stable.

Legal Assessment and Strategy Development

We simplify complex legal questions to help you make wise choices. It’s about empowering you to focus on your passion, knowing your legal foundation and framework are solid and strategic.

Mergers and Acquisitions (M&A)

Our experience in mergers and acquisitions helps ensure seamless transactions, safeguarding your interests while paving the way for positive relationships with new business partners and stakeholders. It’s about building your success on a foundation of legal best practices, clear communication, and mutual respect.

Divestitures

We can guide you through the process of selling off subsidiary companies or business assets, helping ensure each step is taken with a strategic perspective that protects your business interests and enhances operational focus.

Debt Restructuring

Financial health is the backbone of your growth. We’re here to help ensure your business’s vitality, and surround you with a team of financial industry professionals to guide you into new financial realities.

Corporate Governance

By helping you align your operations with ethical practices and governance standards, we help you build a business that’s relevant and meaningful, and that resonates well beyond the business world.

Operational Reorganization

With a strategic approach informed by decades of combined legal experience, we help anticipate and mitigate your operational risks. Our goal is to keep your restructuring process running smoothly, ensuring you’re prepared for whatever comes your way.

Shareholder Agreements

A well-crafted shareholder agreement is key to setting up your corporation for success while protecting all parties involved. When drafting this agreement, it’s crucial to ensure your values are properly represented at every stage and that you’re on the same page with your fellow shareholders.

Drafting and Negotiation

We draft comprehensive shareholder agreements that address share ownership, voting rights, dividend policies, and other crucial terms. We also assist in negotiating terms that protect your interests while fostering a fair environment for all shareholders.

Conflict Resolution

By establishing clear procedures for resolving disputes, we help prevent conflicts from escalating, ensuring they can be managed effectively within the framework of the agreement.

Succession Planning

We incorporate provisions that outline the process for selling shares, succession, and exit strategies, safeguarding the business’s continuity and the shareholders’ investments.

Compliance and Updates

We ensure that your shareholder agreements comply with current laws and reflect any changes in corporate governance regulations. Regular reviews and updates are offered to keep your agreements relevant and effective.

Bylaws & Amendments

Bylaws are the backbone of your company’s operational structure. Well-written bylaws that are both comprehensive and compliance-friendly can make the difference in how smoothly your company runs. Let us steer you in the right direction to help pen strong bylaws that weather any storm.

Drafting Initial Bylaws

We help you draft clear and effective bylaws tailored to your business needs, detailing governance structures, roles of directors and officers, meeting protocols, and other operational rules.

Regular Updates and Compliance Checks

As laws change and your business grows, bylaws need to be updated. We conduct regular reviews to ensure your bylaws remain compliant with current laws and continue to reflect the best interests of your company.

Amendment Processes

When amendments are necessary, we manage the process from drafting changes to securing approvals, ensuring all modifications meet legal requirements and enhance organizational functionality.

Dispute Resolution Frameworks

Bylaws include provisions for managing disputes within the company. We structure these provisions to ensure fairness and efficiency, helping to prevent conflicts from disrupting business operations.

Operating Agreements

Operating Agreements are the “bylaws” for your LLC. Keep your values at the forefront while ensuring every Member of the LLC is on the same page when it comes to rights, responsibilities, and benefits.

Custom Agreement Drafting

We craft detailed operating agreements tailored to the unique aspects of your business. These agreements define member roles, contributions, profit sharing, and management structures, ensuring clear expectations are set from the outset.

Amendments and Revisions

Businesses evolve, and so should your operating agreements. We help you make necessary changes as your business grows, ensuring your agreements always reflect the current structure and goals of your LLC.

Dispute Resolution Mechanisms

To safeguard the smooth operation of your business, we incorporate effective dispute resolution clauses that help manage and resolve internal conflicts constructively.

Succession Planning

We incorporate provisions that outline the process for selling Member Interests, succession, and exit strategies, safeguarding the business’s continuity and the Members’ investments.

Compliance and Legal Checks

We ensure that your operating agreements comply with state laws and best practices. Regular legal audits help maintain your LLC’s compliance and protect against potential legal issues.

HR Policies

Human resource policies come with their own unique set of hoops to jump through. As business owners, we have dealt with these ourselves. Now, we infuse our experience with our legal expertise to help you draft sound policies that avoid problems later. Keep your employees and your business protected.

Policy Development and Implementation

We assist in creating comprehensive HR policies that cover all aspects of employment, from recruitment practices to termination procedures. Our tailored approach to policies help streamline HR processes and clarify the roles and responsibilities within your organization.

Regular Policy Reviews and Updates

Laws and business needs change, and so should your HR policies. We offer ongoing reviews and updates to ensure that your policies remain current and compliant with both federal and state employment laws.

Employee Handbook Creation

An employee handbook is crucial for communicating your company’s policies and expectations to your team. We help you compile a clear and detailed handbook that serves as a useful resource for employees and management alike.

Stockholder and Member Interest Agreements

Managing stockholder and member interests requires clear agreements to protect the rights and interests of all parties involved.

Drafting and Review

We draft and review stockholder and member interest agreements to ensure they are clear and enforceable. These agreements cover important aspects such as voting rights, profit distribution, and transfer of interests.

Rights and Obligations

Clearly defining the rights and obligations of stockholders and members is crucial. Our agreements ensure that all parties understand their roles and responsibilities, minimizing the potential for disputes.

Transfer of Interests

Facilitating the smooth transfer of stockholder and member interests is essential. We draft agreements that outline the procedures and conditions for transferring interests, ensuring compliance with legal requirements.

Dispute Resolution

In the event of a conflict, we provide strategic counsel and representation to resolve disputes efficiently. Our goal is to protect your interests and maintain business stability.

Resources

Successful succession plan, defining succession plan, crafting business legacy

WHAT Are You Passing On? One Key Factor to a Successful Succession Plan

When planning for the future of your business, one of the most significant decisions you face is defining what exactly

The Heart of a Successful Succession Plan: How to Choose the Right Person to Carry Your Legacy Forward

Choosing your successor is often the most emotional and challenging aspect of successful succession planning. It’s not just about finding

The Conversations That Shape the Future: Succession Planning with Purpose

As the year winds down and you gather with family or your dedicated employees, there’s a unique opportunity to start

Testimonials

You won't find a better business law firm in the KC metro area. As a banker I work with numerous businesses in all stages. From start ups to legacy planning and everything in between I refer all my clients to MSB Law.

[...] Mr. Speicher listened to all details and decided to take the case. [He] patiently guided the case right along, keeping us informed every step of the way. Any question that may arise, Mr. Speicher was there to give the answer. [...] It was a pleasure to work with a professional and not someone that just saw dollar signs.

MSB was a pleasure to work with. Every person I spoke to on their staff was friendly and knowledgeable, they kept me updated on the status of my case and let me know what every next step would look like. I highly recommend them and would work with them again without hesitation.

Mr. Morefield (Rick) is an exceptional attorney. My experience has been positive throughout our engagement. Always responsive to my calls, emails coupled with his open-door policy for me to schedule time with him, discuss my concerns during the process. I could not thank him and his entire team enough for the timely case updates and their willingness to address my questions promptly. Very friendly and caring legal team. I'm happy with the outcome of my case and would recommend anyone to engage Mr. Morefield for their legal needs.

Working with this lawyer was a wonderful experience for our organization. We're a non-profit that was faced with an unexpected situation and Richard guided us through with ease. He was knowledgeable, quick to respond, and very professional. Our board was so pleased with the help we received from Morefield and his office. He exceeded our expectations and we would refer him to anyone needing a rock-solid, wise, and reliable attorney. Thank you for your help, Richard!!

Serving Values-Driven Business Owners

Our team of experience business lawyers is passionate about helping business owners and their people thrive. We’re ready to serve as your trusted legal counsel for all your business law needs. Contact us today.