Houston Buy-Sell Agreement Attorneys
Protecting Your Business with Strategic Buy-Sell Agreements
At Business & Transaction Attorneys, our team helps business owners, partners, shareholders, and LLC members create clear, enforceable agreements that protect their investments and keep smooth ownership transitions.
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Why Every Houston Business Needs a Buy-Sell Agreement
A buy-sell agreement is like a prenuptial agreement for your business. It establishes how ownership interests will be valued, sold, or transferred under specific circumstances. Without one, business owners may face:
- Disputes over valuation when a partner exits.
- Forced ownership transfers to spouses, heirs, or outsiders after divorce or death.
- Litigation and delays when partners cannot agree on terms.
- Loss of business continuity during unexpected transitions.
With a properly drafted agreement, you can:
- Guarantee fair treatment for all owners.
- Protect against unwanted partners.
- Establish predictable rules for succession.
- Minimize costly disputes and protect the business’s value.
How Our Firm Helps with Buy-Sell Agreements
Drafting and Reviewing Agreements
We work with founders, partnerships, corporations, and LLCs to draft customized agreements that address your unique business structure, industry, and goals. Our agreements define when ownership interests can be sold, who can purchase them, and how they will be valued. We also assist with partnership buyout agreements, giving owners a clear path forward when one partner decides to exit the business.
Business Succession & Exit Planning
Our attorneys integrate business succession planning into buy-sell agreements, ensuring your company runs smoothly when ownership changes hands. This is especially critical for family-owned businesses and professional partnerships.
Preventing Partner & Shareholder Disputes
By resolving how the business will be valued, how buyouts will be funded, and how voting on major decisions will work before any conflict arises, we help clients avoid destructive disputes that can threaten a company’s stability.
Funding & Buyout Strategies
We advise on funding mechanisms, such as life insurance policies, sinking funds, and installment payment structures, to ensure ownership transfers are financially practical and enforceable.
About B&T Attorneys
Your Buy-Sell Agreement Attorneys
- 32+ Years of Experience: Gil Melman has overseen mergers, acquisitions, financings, and complex shareholder agreements at top international firms and as Chief Legal Officer for two publicly traded companies.
- Big-Firm Sophistication, Small-Business Focus: We bring the rigor of high-value corporate transactions to Houston entrepreneurs, startups, and family-owned businesses.
- One-Stop General Counsel Approach: As a business purchase agreement attorney Houston companies trust, our team serves as your single point of contact for a wide range of transactional and compliance needs.
- Practical, Cost-Effective Advice: We focus on solutions that work in the real world, delivered efficiently, and with an eye on your bottom line.
Comprehensive Business Transaction Services
We help Houston entrepreneurs choose the optimal business structure (general partnership, LP, LLC, etc.) and handle all formation filings to set it up correctly.
Partnership Agreements
We draft partnership agreements from scratch or formalize existing informal arrangements, always tailoring the terms to fit your ownership structure and goals.
LLC Operating Agreements
For multi-member LLCs, we prepare operating agreements that define each member’s roles, voting rights, and profit share.
We review existing partnership or operating agreements for gaps or outdated provisions, then update them to align with your current needs and Texas law.
Our attorneys guide businesses through strategic acquisitions, mergers, due diligence processes, negotiations, and comprehensive documentation, ensuring seamless transactions.
Structuring fundraising initiatives, drafting investment agreements, and ensuring full compliance with applicable securities regulations.
Succession & Exit Planning
We include provisions for buyouts, succession, or dissolution. Planning for events such as an owner’s retirement, a business sale, or an unexpected departure ensures that you won’t face turmoil when a change occurs.
FAQs About Buy-Sell Agreements
Do I need a lawyer to draft a buy-sell agreement?
Yes. While generic templates exist, they often fail to account for Texas law, community property issues, and unique business needs. A poorly drafted agreement can create more problems than it solves. Working with a Houston business transaction lawyer guarantees your contract is legitimate and aligned with your goals.
What happens if my business partner dies or divorces without an agreement?
In Texas, a deceased owner’s heirs or a divorcing spouse could gain control of their ownership interest. Without an agreement requiring those shares to be sold back to the business or remaining owners, you may find yourself in business with someone you never intended.
How are businesses valued in a buy-sell agreement?
Valuation is often the most contentious issue. Agreements can use methods such as book value, agreed-upon formulas, third-party appraisals, or “push-pull” provisions. We help you choose the right valuation approach for your business to avoid future disputes.
What events typically trigger a buy-sell agreement?
Common triggers include retirement or voluntary exit, death, disability, divorce, bankruptcy, disagreements among owners, and offers from outside buyers.
What if I use AI to draft my buy-sell agreement?
AI can’t replace the judgment and experience of a business attorney. AI often makes assumptions or adds terms that don’t match your situation. While an AI-generated agreement may look professional, AI won’t ask the right questions or address your specific goals. That can leave you stuck with terms you never intended—and costly problems later. An experienced Houston business attorney ensures your agreement truly protects your interests.
Why Choose Us
Reasons For Choosing BT Attorneys
Unparalled Experience & Insight
Gil Melman’s three decades of transactional expertise ensures precise, commercially driven legal advice. His extensive in-house experience uniquely positions him to quickly understand your business risks and proactively address them.
Cost-Effective Transactional Legal Solutions
By quarterbacking your legal strategy, Gil coordinates directly with specialized experts in tax, environmental, labor, franchise, and other areas, significantly reducing costs and providing comprehensive, efficient counsel.
Proactive, Strategic Counsel to Avoid Litigation
Gil Melman emphasizes proactive transactional strategies designed to minimize litigation risks. By anticipating and addressing potential issues early, he helps clients avoid costly disputes and maintain smooth business operations.
Tailored Legal Strategy
At BT Attorneys, we understand each business’s unique circumstances. We listen, assess, and develop customized legal strategies designed specifically for your objectives, ensuring alignment with your commercial goals.
Trusted & Proven Advisor
Gil Melman has built his reputation on transparency, strategic insight, and client-focused solutions. With extensive experience representing businesses at every growth stage, from innovative startups to large enterprises, Gil understands how to deliver successful transactional outcomes.
What Our Clients Say
Sean
CEO / CO-FOUNDER
“Gil Melman has served as our outside council for several years. Gil has provided outstanding legal guidance and support for a broad range of our needs. Gil has drafted legal contracts that positioned us favorably with our suppliers, customers, and investors. He has played an active role with various negotiations. Gil has also taken the time to have direct contact with opposing legal council for a faster resolution to issues, which have save time and money for both parties. Gil has also assembled supporting legal resources when required. Gil has supported the company during multiple fundraising rounds that were often time sensitive.
Gil can be a bulldog when it comes to protecting our position. However, he is pragmatic with regard to business relationships and needs. I have led multi-billion dollar businesses at large corporations and I can honestly say that Gil has provided us the best legal representation in my career. It has been my experience that most corporate lawyers see things in black and white. Gil advises on the black and white will also educating me on the aspects and mitigation strategy for the gray areas as well. This is extremely valuable because things usually end up in these gray areas, and I am better prepared.”
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Head Office
Houston, Texas
Tell us about your business today! Schedule a consultation with a Houston buy-sell agreement attorney and preserve your company’s future success.
3700 Buffalo Speedway #1150, Houston, TX 77098
Phone: +(1) 713-304-2396