Hiring a business lawyer early on helps you understand all the legal intricacies of the industry. When your lawyer knows the foundation of your business, he or she can help you see things from a different perspective and give you immediate advice when something goes wrong.
If you choose a lawyer who has a specific interest in the nature of your business, you can take advantage of the following:
A business lawyer knows the specifics of the industry. Their knowledge about the whole process can be handy, saving you time on certain issues.
Aside from legal advice, a specialist can also assist you in drafting and negotiating drafts and labor agreements that will prevent disagreements in the future.
A professional business attorney can give you legal options that are beneficial to both parties. Alternatives, such as arbitration and mediation, are better than litigation, which requires time and money.
If you need legal advice for your new business, consult with a reliable lawyer at the Arenson Law Group, PC. Contact us at (319) 363-8199 to learn more about the benefits of hiring a lawyer who specializes in the area of your business.
Aircraft component manufacturer Rockwell Collins announced its plan to acquire airplane interior maker B/E Aerospace for a staggering $6.4 billion on Sunday October 23.
The deal, which should finalize in the spring of 2017, will yield B/E shareholders $34.10 per share in cash and $27.90 worth of Rockwell Collins common stock. Rockwell will also take on the $1.9 billion in debt left behind by B/E Aerospace. The acquisition is a synergy of Cedar Rapids-based Rockwell Collins’ avionics expertise and Wellington, Florida’s B/E Aerospace’s cabin interior products. The merge expects to expand the range of products that Rockwell Collins provides to major commercial and business aircraft and also increase in customer base globally.
The buyout will have a cost savings of about $160 million and will cause a double-digit rise to earnings per-share in the first full year. B/E Aerospace CEO Werner Lieberherr is the newly-appointed executive vice-president and chief operating officer for the Rockwell Collins’ aircraft interior systems segment.
At the Arenson Law Group, PC, we handle business and corporate law. Contact us at (319) 363-8199 to find out more about your legal options.
A Texas oil company is challenging the findings and recommendation of Iowa’s state archaeologist to reroute its proposed Bakken oil pipeline in order to avoid northwestern Iowa’s Big Sioux River Wildlife area. Native tribes insist that the land is a sacred, ancient burial ground.
Lisa Dillinger, a spokeswoman for Dakota Access, said that State Archaeologist John Doershuk has jurisdiction of overseeing the relocation and handling of historic remains only if human remains found there are older than 150 years. Board Chairwoman Geri Huser was angered over the Iowa Utilities Board’s order to allow the construction because the permit is currently subject to judicial reviews. Dillinger contended that a 2004 archaeological survey cleared the property of any historic or archaeological sites. However, that survey was conducted for fence improvements and noted “no technique is completely adequate to locate all archaeological materials, especially deeply buried ones.” A spokesman for the Iowa Department of Natural Resources stated only: “We are going to continue to work with all of the parties involved until all of the questions have been answered.”
If you have any legal needs relating to a boundary dispute, the legal team at Arenson Law Group, PC can help. Call us at (319) 363-8199 to discuss the details of your situation and learn more about your rights and options under the law.