Business Law

Potter Anderson & Corroon provides advice to clients with regard to a full range of legal issues arising in connection with the formation and day-to-day operation of business organizations.  Our clients include both privately-held and public companies with local, regional, national and international operations.  Recognizing the complexities faced by our clients in the current business environment, our approach is multidisciplinary.  As appropriate, our team includes attorneys with expertise in those areas of law relevant to the particular representation.  We provide clients with sophisticated business and corporate structuring advice, in connection with a broad range of transactions, including business formations and choice of entity, mergers and acquisitions, financings, sales and exchanges and compliance and controversy advice.  Our attorneys work closely with clients to maximize and preserve tax benefits and provide advice regarding compliance with applicable laws and regulations.  Potter Anderson & Corroon's business and tax attorneys also have expertise in a wide variety of tax-minimizing structures and techniques that are unique to Delaware.  This includes planning to avoid creating a tax nexus in Delaware as well as the establishment of  Delaware investment holding companies and Delaware headquarters management companies to reduce state taxes by shifting income-producing assets and headquarters management functions from jurisdictions with higher tax burdens.

Due to Potter Anderson & Corroon's national reputation concerning matters of Delaware corporate, partnership, trust and limited liability company law, the firm regularly acts as special Delaware counsel in nationally prominent mergers, acquisitions, tender offers, divestitures, spin-offs and other types of business transactions in which Delaware entities are involved.  Transactions and business combinations in this part of the firm's practice range from a few million dollars to billions of dollars.  In such transactions, the firm renders advice on all aspects of the transaction including, for example, advice relating to financing, environmental matters, human resources, tax, real estate, intellectual property, governance and indemnification.  Potter Anderson & Corroon is able to draw upon the specific expertise of various attorneys in the firm in order to form a legal team to provide the full range of services necessary to consummate a transaction in today's complex legal and regulatory environment.  The firm also has considerable experience in teaming with in-house lawyers of the client to provide the most efficient and cost-effective level of service for a particular transaction.  Several partners in the firm are contributing authors to a leading authority on collaboration between inside and outside counsel, Successful Partnering Between Inside and Outside Counsel.