Legal Question in Business Law in Colorado
Buy-Sell Agreement
We need legal help drafting our Buy-Sell Agreement (Shareholders Agreement). Our S-Corporation is incorporated in Wisconsin, but our operations are in Colorado.
Must we get our legal counsel from an attorney practicing in Wisconsin, or will a Colorado lawyer do just as well?
Asked on 4/16/07, 12:04 am
1 Answer from Attorneys
Robert Murillo
Pivotal Legal Ltd.
Re: Buy-Sell Agreement
Morning:
It could be any state if the parties agree (a choice of law clause). As a practical matter, I have no idea why you incorporated in WI if the primary operations are in CO. I assume you have qualified that corporation to do business in CO. If not, do that.
Based on this question and your prior one, you need to talk to a business attorney immediately. Feel free to call or email with any questions. Good luck.
Answered on 4/16/07, 12:00 pm
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