Category: Lee S. Piatt

Recap - RJG at the Business Law Institute

The Closely-Held Business Committee Presents at the Business Law Institute in Philadelphia

The Closely-Held Business Committee of the Business Law Section of the Pennsylvania Bar Association, which is chaired by our own Paul Rushton, presented a trio of seminars at the Business Law Institute in Philadelphia last Friday.

The presentations addressed the options available to closely-held business owners who are approaching retirement. Our own Lee Piatt, who is a member of the Committee, gave a presentation focused on the succession planning techniques that are available to a closely-held business owner who desires to transition ownership and/or management of his or her business to family members and/or existing employees of the business.

A second presentation, given by Paul, highlighted the issues to be addressed by a closely-held business owner in preparing for, and ultimately consummating, a sale of his or her business to an outside party.

The final presentation identified the advantages of an ESOP for a retiring closely-held business owner.

If you are a closely-held business owner who is approaching retirement, please call Paul or Lee to discuss your options. Paul can be reached at prushton@rjglaw.com or 570-826-5623. Lee’s contact information is lpiatt@rjglaw.com or 570-826-5674.

Lee S. Piatt receives the eighth annual Pennsylvania Bar Association (PBA) W. Edward Sell Business Lawyer Award

Congratulations to Lee S. Piatt! The eighth annual Pennsylvania Bar Association (PBA) W. Edward Sell Business Lawyer Award will be presented to Lee at the 2019 Business Law Institute in Philadelphia on Nov. 21-22. Lee will be the first practicing lawyer outside of Philadelphia and Pittsburgh to receive the award.

The late W. Edward Sell, the award’s namesake, was a driving force behind the enactment of business corporation law in Pennsylvania. Presented by the PBA Business Law Section, the W. Edward Sell Business Lawyer Award honors the contributions to the practice of business law at the highest level, either through the practice of law or through teaching.

Lee has practiced law in Northeastern Pa. for more than 36 years. A partner in the Business and Finance Department of our firm, he represents a diverse mix of businesses, individuals and nonprofit organizations in mergers and acquisitions, financing, corporate organization and governance, succession planning, owner disputes, and business and real estate transactions. An active member of the PBA and its Business Law Section, Lee was instrumental in the founding of the PBA Shale Energy Law Committee, serving as its first co-chair with PBA President Anne N. John. A former chair of the Business Law Section, he has served for a number of years on its Section Council, as well as its Title 15 Committee, which drafts and revises the corporation and unincorporated association laws of the Commonwealth of Pennsylvania, and the Legal Opinion Committee. Lee is also serving on the recently formed Closely-Held Business Committee of the Section. Join us in wishing Lee congratulations on this great honor!

Lee S. Piatt, Esq., elected to the Board of Directors of Northeastern Pennsylvania Industrial Resource Center (“NEPIRC”).

Congratulations to our Partner, Lee S. Piatt, Esq., upon his election to the Board of Directors of Northeastern Pennsylvania Industrial Resource Center (“NEPIRC”). NEPIRC is a not-for-profit economic development organization that strives to improve the quality of life within an 11-county region of Pennsylvania by providing customized solutions and expert advice to businesses within the manufacturing and other high-growth, good-paying business sectors. Attorney Piatt and the other attorneys in our Business & Finance Department advise senior management and Boards of Directors of for-profit and non-profit entities throughout Northeastern Pennsylvania on matters involving corporate governance, succession planning, real estate and business acquisition, contract review, and other matters. If you would like to discuss issues involving your for-profit business or non-profit entity, contact Lee at 570-826-5600 or lpiatt@rjglaw.com.

NEPIRC President & CEO, Eric Esoda welcomes Lee S. Piatt, Esq.

Lee S. Piatt presents: “Choice of Business Entity.”

On Thursday, August 22, Lee S. Piatt, Esq., a Partner in our Business & Finance Department, and accountant Anthony J. Buczek, Jr. CPA of Allentown, will present “Choice of Business Entity,” a continuing education seminar for attorneys and accountants sponsored by Wilkes University and the Luzerne County Law & Library Association. The seminar runs from 1-5 PM, and will be held at The Woodlands Inn & Resort. Registration is available at the door or online . RJG’s Business & Finance Department works with clients to address the various issues that arise throughout the lifetime of a business organization, such as selecting the most preferable form of entity, formation and organization of such entity, corporate governance and management issues, transactions, succession, and dissolution. To learn more about the upcoming seminar or the services performed by our Business & Finance Department, contact Lee S. Piatt.

Fellowship-Church-Dallas-Groundbreaking

Lee S. Piatt, attended and spoke at the groundbreaking as a Member, Elder Chair, and Counsel.

Lee Piatt – Member, Elder Chair, and Counsel.

Through its people and expertise, Rosenn, Jenkins & Greenwald builds community in Northeastern Pennsylvania. When Fellowship Church, Dallas, Pennsylvania, broke ground for its 3.1 million dollar Legacy of Worship project, our Partner, Lee S. Piatt, attended and spoke as a Member, Elder Chair, and Counsel. Fellowship Church is a Gospel-focused Christian church community serving the Back Mountain and the Wyoming Valley for more than 35 years. The team at Rosenn, Jenkins & Greenwald assisted Fellowship Church with real estate, corporate, and finance aspects of the Project. The new worship center will make room in time for more than 600 worshipers, or roughly twice the current weekly congregation size. Rosenn, Jenkins & Greenwald, L.L.P. has been helping non-profit organizations, as well as businesses and individuals, thrive and expand for more than sixty years.

Paul-Rushton-Lee-Piatt-Pennsylvania-Bar-Council-Business-Law

Two partners re-appointed to the Council of Business Law Section of the Pennsylvania Bar Association.

Lee S. Piatt and Paul T. Rushton, partners in our Firm’s Business & Finance Department, were recently re-appointed as members of the Council of the Business Law Section of the Pennsylvania Bar Association.

The province of the Business Law Section is the development and practical working of the law of the Commonwealth of Pennsylvania and of the United States, relating to business and nonprofit corporations, partnerships and associations, to banks and banking, and to the law relating to mercantile and commercial transactions, including the fields of bankruptcy, insolvency and receiverships and of business regulation law.

The Council is the governing body of the Section. Lee and Paul have previously served as members of the Council and are active in the Section’s Closely-held Business Committee (chaired by Paul), as members of the Title 15 Committee, and as contributors to the Section’s newsletter.

Attorney Lee Piatt presented a lecture to the Board of Directors of Rural Health Corporation of Northeastern Pennsylvania.

On Tuesday, March 26th, Lee Piatt, a partner in our Business and Finance Department, presented a lecture on “Serving Non-Profit Organizations as Outside Directors” to the Board of Directors of Rural Health Corporation of Northeastern Pennsylvania. Lee has been representing and serving on community non-profit boards in our area for more than 30 years.

If you or your organization, whether non-profit or for profit, ever needs advice, please feel free to contact Lee, or any of our attorneys, at https://www.rjglaw.com/attorneys/.

Attorney Lee Piatt gave presentation at PA Bar Institute

On Wednesday, November 7, 2018, Lee Piatt, a partner in our Business and Finance Department, gave a presentation at the Pennsylvania Bar Institute Business Law Institute 2018 in Philadelphia on the topic of ”Owner Disputes in Privately Held Entities in Pennsylvania.”

Specific matters covered in the presentation included avoiding disputes through proper planning, identifying the legal issues in a dispute, obtaining information from the entity, and resolving the dispute through a buyout.

If you would like to know more about these topics or how our firm can assist you with any similar legal issues, Lee’s contact information can be found at here.

Rushton and Piatt to serve on Pennsylvania Bar Association Committee Focused on Closely-Held Businesses

Paul Rushton and Lee Piatt of the Firm’s Business and Finance Department will serve on the newly formed Closely-Held Business Committee of the Section on Business Law of the Pennsylvania Bar Association and Paul will serve as the initial Chair of such Committee.

The purpose of the Committee is to assist Pennsylvania practitioners in providing advice concerning business and finance issues that frequently affect closely-held businesses.  To learn more about the Firm’s Business & Finance Department, please click here.  Paul’s contact information can be referenced here and Lee’s contact information can be found here.

           

Articles featured in PBA Business Law Section Bulletin – Spring 2018 Edition

 

Articles prepared by attorneys from the Firm’s Business & Finance Department were published in the most recent Pennsylvania Bar Association Business Law Section newsletter.   The newsletter can be viewed here.

Lee Piatt’s article titled “Capitalize the Single-Member LLC” identifies practice tips for properly capitalizing and structuring a Pennsylvania limited liability company that is owned by only one member.  The article illustrates how such steps can be used to bolster the limited liability protection afforded to the single owner of a Pennsylvania limited liability company.

An article prepared by Paul Rushton describes how certain changes to the Pennsylvania Associations Code and Realty Transfer Tax Rules have eliminated the justifications for continued ownership of real estate through general partnerships.  Paul’s article explains that it is now increasingly advisable for general partners to consider the potential conversion of their real estate holding general partnerships into a form of entity that affords limited liability protection.

If you have any questions about these articles, please feel free to contact Lee or Paul.  Lee’s contact information can be found here and Paul’s contact information can be referenced here. To learn more about the firms Business & Finance Department please click here.