Pork Lo Mein With Extra Duck Sauce, Again

Ready for takeoff
The owner of a Massachusetts-based aviation company wanted to sell his business, and it was up to our attorneys to negotiate the best price and the most favorable terms.

Fasten your seat belts
Our client planned to sell his business to a multinational competitor, and he knew that the negotiations were going to be complex and lengthy. He also knew that these were the types of situations where Prince Lobel attorneys excel. After many long nights and early mornings, our attorneys effectively negotiated the terms of the sale that overcame an expensive tie-in of the purchase price to a continued employment requirement, and established a multiphase "earn-out" separated from a continued employment requirement, allowing our client to avoid paying ordinary income taxes on the earn-out price. The negotiation provided the client with an opportunity to increase his after-tax earnings on the sale by up to 30 percent. Our client was also able to retain more freedom to choose whether or not to remain employed without losing the earn-out. 

Coming in for a landing
Our team successfully persuaded opposing counsel that various elements of the original proposal would create unnecessary risks and liabilities, and guided both the buyer and seller to a more favorable result.