The stakes are high in the world of business and commercial law. Your business represents a major commitment of money, time and often determines your financial security. Choosing the right firm to represent you can mean the difference between owning and operating a successful business and financial ruin.

With more than 50 years collective experience, the attorneys of Ortiz & Ortiz, LLP have a thorough understanding of the ins and outs of business and commercial law. We can help you with every aspect of your business, from setting it up and keeping it running smoothly to selling or dissolving it when the time comes. We can also aggressively protect your interests in a wide range of business disputes, including those involving torts, contracts, shareholder disputes, Chapter 11 bankruptcy and more.

Working primarily with small business owners and entrepreneurs, we provide personalized and highly attentive service to ensure every aspect of your business transaction or dispute is addressed fully and promptly.

Our services in the area of business law include:

• Preparing and reviewing contracts, sales agreements, distribution agreements and manufacturing agreements.
• Buying, merging and selling businesses.
• Reviewing compliance issues.
• Restructuring businesses.
• Licensing businesses.
• Dissolving businesses.
• Counseling small business owners about financing issues.
• Assessing risks.
• FLSA lawsuits.

We also advise business owners on issues such as shareholders’ rights, franchising, trade association membership, and employer-employee relationships.

Note: For Start-Ups and small business matters please check our section “Small business attorney in NYC“

Starting a Business

When you start a new business it is crucial to your success that you determine how to organize and structure your business to address your needs. We have helped numerous clients determine the business entity that best suits their needs and handled every stage of the formation process. We will carefully study all aspects of your prospective business venture to choose the entity most capable of preventing problems that could lead to expensive litigation or risk your company’s financial future.

Depending on your particular needs, we can help you form all of the following entities:

• Sole proprietorships
• Limited liability companies (LLCs)
• Business corporations (C-Corporations or S-Corporations)
• General partnerships
• Limited liability partnerships (LLPs)

Business Succession Planning

How and when you exit your business is every bit as important as your choice of business entity in determining how much money you ultimately earn from your business. Do you want to pass your business on to your children or other members of your immediate family? Are you interested in offering your employees the opportunity to buy your business? Do you want to sell your business outright on the open market? We can help you make the right decision, guide you through every step of the process and make sure your interests are protected. In this way, we can help you obtain the greatest possible return on your investment of money, time and effort.

Whether you are buying your first house or negotiating your 50th commercial lease, if you are making a transaction involving your property rights you need an experienced and knowledgeable real estate attorney for advice or representation.

The Astoria, Brooklyn and Manhattan real estate attorneys of Ortiz & Ortiz, LLP, have more than four decades of real estate law experience. We have handled complex real estate matters, simple sales, and everything in between. Given our long history, we understand the local real estate market and know how to help you get the best possible deal in your real estate transaction. In fact, one of our partners is a licensed real estate broker.

Our services in this area include all of the following and more:

• Drafting of purchase and sale agreements
• Reviewing real estate contracts
• Acquiring residential property in New York
• Drafting powers of attorney
• Negotiating deeds in lieu of foreclosure
• Real estate closings
• Drafting joint property agreements
• Residential and commercial lease review
• Residential and commercial holdover proceedings involving lease expiration
• Residential and commercial nonpayment proceedings
• Illegal subletting
• Non-primary residence
• Breach of warranty of habitability

Foreclosure Defense and Loan Modifications

Astoria, Brooklyn and Manhattan Foreclosure Defense Lawyers

Your home is your castle. It is a symbol of the American Dream and provides stability to your family. A house is, for many New Yorkers, their single biggest financial investment and most valuable asset. Facing a foreclosure on such an important asset can cause enormous emotional turmoil. It can make you feel confused, angry, depressed, frustrated and desperate to find a way to save your home.

The Astoria, Brooklyn and Manhattan foreclosure defense lawyers at Ortiz & Ortiz, LLP have mastered the tools and strategies necessary to battle foreclosure in difficult situations. Our attorneys understand the stress and anxiety that foreclosure can cause and are here to offer you a solution. We can help you fight foreclosure, explore foreclosure alternatives, and understand the foreclosure process and its effects on your credit. While every case is different, we will take the time to explain your options and recommend the best possible solutions to the potential loss of your family home.

Contact us today to defend your legal rights and work toward a favorable legal resolution on your behalf.

Loan Modifications

Astoria, Brooklyn and Manhattan Loan Modification Lawyers

One option to protect your home or business property is to modify your loan. In essence, this involves changing the original terms of the mortgage to make your payments more affordable. We have years of experience negotiating with lenders to obtain the best possible terms for our clients. Here are some of the ways we may be able to modify your loan and protect your family home:

• Reduce the interest rate, or change from a floating to a fixed rate
• Lower the monthly payment
• Reduce the principal
• Reduce or eliminate late fees and other penalties
• Cap the monthly payment so that it based on a percentage of the household’s income
• Lengthen the term of the loan

If you are faced with foreclosure, contact our loan modification attorneys today for a consultation.