OCHDL Is Pleased to Announce That Attorney Jessica K. Haskell Has Joined the Firm


Attorney Jessica K. Haskell, a graduate of the University of Wisconsin Law School, has joined the Milwaukee law firm O’Neil, Cannon, Hollman, DeJong & Laing S.C. Jessica will join the firm’s Banking & Creditors’ Rights Practice Group. Jessica comes to us after clerking for the Honorable G. Michael Halfenger of the U.S. Bankruptcy Court for the Eastern District of Wisconsin. Her experience is a welcomed addition to the firm’s  Banking & Creditors’ Rights Practice Group, which provides legal services for court-appointed receivers, secured and unsecured creditors, financial institutions, and corporations in a wide range of state and federal court matters. We are very pleased to have Jessica join OCHDL.

O’Neil, Cannon, Hollman, DeJong & Laing S.C., founded in Milwaukee in 1973, is a full-service legal practice that primarily focuses on providing business law and civil litigation services to closely-held businesses and their owners. The firm represents corporations, institutions, and partnerships at all stages of the business life cycle, helping them start, grow and transition from one generation to the next. We also assist business owners with their personal legal needs including tax and estate planning, family law and litigation—including personal injury litigation.




Willie Boucher Published an Article in State Bar’s Business Law Section Publication


Attorney Willie Boucher authored an article entitled “Suiting the Needs of the Client: Modifying the WB-17 Offer to Purchase,” which appeared in the State Bar of Wisconsin Business Law Section Blog.

Boucher discusses some important addendums to consider when drafting a contract to sell or purchase a business. ”The WB-17 is popular because of its pre-printed nature–and thus apparent fairness–and its familiarity to attorneys, agents, and business owners alike, especially in smaller sale-of-business transactions. Even though it is a pre-printed form, the WB-17 can be modified by addendum. There are several important revisions that buyers and sellers should consider.”

To review these considerations read the full article here.

For more information on this topic contact Willie Boucher at 414-276-5000 or Willie.Boucher@wilaw.com.

 




20 OCHDL Attorneys Named 2019 Best Lawyers in America


O’Neil, Cannon, Hollman, DeJong & Laing S.C. is pleased to announce that 20 lawyers have been named to the 2019 Edition of Best Lawyers, the oldest and most respected peer-review publication in the legal profession.

Best Lawyers has published their list for over three decades, earning the respect of the profession, the media, and the public as the most reliable, unbiased source of legal referrals. Its first international list was published in 2006 and since then has grown to provide lists in over 75 countries.

“For more than a third of the century,” says CEO Steven Naifeh, “Best Lawyers has been the gold standard of excellence in the legal profession.” President Phil Greer adds, “We are extremely proud of that record and equally proud to acknowledge the accomplishments of these exceptional legal professionals.”

Lawyers on The Best Lawyers in America list are divided by geographic region and practice areas. They are reviewed by their peers on the basis of professional expertise, and undergo an authentication process to make sure they are in current practice and in good standing.

O’Neil, Cannon, Hollman, DeJong & Laing S.C. would like to congratulate the following attorneys named to the 2019 Best Lawyers in America list:

Additionally, Attorney Dean P. Laing has been named the 2019 Milwaukee Lawyer of the Year in Product Liability Litigation–Defendants.

Since it was first published in 1983, Best Lawyers has become universally regarded as the definitive guide to legal excellence. Best Lawyers is based on an exhaustive peer-review survey. Over 54,000 leading attorneys cast more than 7.3 million votes on the legal abilities of other lawyers in their practice areas. Lawyers are not required or allowed to pay a fee to be listed; therefore inclusion in Best Lawyers is considered a singular honor. Corporate Counsel magazine has called Best Lawyers “the most respected referral list of attorneys in practice.”




The WiLaw Quarterly Newsletter


 

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The Art, Science and Law of Business Succession Planning


book

If you own a family business, you should be thinking about your succession plan. Whether you plan to sell the business to fund your own retirement or pass it on to your descendants or other key employees, there are questions you need to be asking:

  • Am I prepared to consider transferring ownership or control of my business during my lifetime?
  • Have I made sure that the transition will be orderly?
  • Will my key employees stay with my firm rather than seeking more secure employment?
  • Is my estate sufficiently diversified so that children who are not active in the business may be treated fairly alongside those receiving an interest in the business?

Request your FREE copy of The Art, Science and Law of Business Succession Planning by completing the form below: (You may also purchase our book at Amazon by clicking here)




Grant Killoran Re-Elected to the American Bar Association House of Delegates


The law firm of O’Neil, Cannon, Hollman, DeJong & Laing S.C. is pleased to announce that Attorney Grant C. Killoran recently was re-elected by the State Bar of Wisconsin Board of Governors to serve another two-year term as one of the State Bar of Wisconsin’s five Delegates to the American Bar Association House of Delegates.

The House of Delegates is the policy-making body of the ABA. Control and administration of the ABA is vested in the House of Delegates. Established in 1936, the House of Delegates has over 500 members and its actions become the official policy of the ABA, the nation’s largest lawyer association.

Mr. Killoran previously has served as a Delegate to the ABA House of Delegates from 1997-1999, 2003-2009 and 2014 to present.

Mr. Killoran is a shareholder with and the Chair of O’Neil, Cannon, Hollman, DeJong & Laing’s Litigation Practice Group. He has diverse trial experience, focusing on complex business and healthcare disputes.




A Must-Read Book for Family Business Owners


Recognizing that family-owned business owners throughout Wisconsin have ongoing questions when it comes to selling and transferring ownership of their companies, the law firm of O’Neil Cannon Hollman DeJong & Laing has written The Art, Science and Law of Business Succession Planning.

“If you own a family business, you should be thinking about your succession plan,” said Carl D. Holborn, a tax attorney and shareholder of the law firm.  “Our goal is to help owners understand the importance of succession planning and give them a good starting point for implementing it in their own businesses.”

Available in paperback on Amazon for $19.95 and as a Kindle ebook for $9.95, the law firm’s book explains that whether the plan is to sell the business to fund the owner’s own retirement or pass the business on to descendants or other key employees, there are questions that need to be answered sooner rather than later:

• Am I prepared to consider transferring ownership or control of my business during my lifetime?

• Have I made sure that the transition will be orderly?

• Will my key employees stay with the business rather than seek other employment?

• Is my estate sufficiently diversified so that children who are not active in the business may be treated fairly alongside those receiving an interest in the business?

The law firm’s corporate and tax attorneys incorporated the latest changes to federal tax law into the inaugural edition of the book.

Book chapters include:

Chapter 1: The Need for Succession Planning

Chapter 2: The Five Objectives of Good Succession Planning

Chapter 3: Objective 1-Maximizing the Value of the Business

Chapter 4: Objective 2-Minimize Taxes

Chapter 5: Objective 3-Provide for the Continuity and Survival of the Business

Chapter 6: Objective 4-Treating Your Children Equitably

Chapter 7: Objective 5-Preserving Family Harmony

Chapter 8: Seven Pitfalls that Work Against a Successful Transition

Chapter 9: What a Good Succession Planner Will Do

Chapter 10: Structuring Buy-Sell Agreements

Chapter 11: The Key Employee Agreement

“If a business fails due to improper planning, children’s futures are affected, and so are the futures of every employee who works for the company,” Holborn said. “By following the  steps necessary to take a company into the next generation, owners are not only potentially benefitting every member of their business team, but also their families and their descendants after them.”




State Bar of Wisconsin Taxation Law Section Board Adds New Director and Vice Chairperson


On July 1, 2018 Attorney Samantha M. Amore began a three-year term as a Director of the Board of the State Bar of Wisconsin Taxation Law Section. Also as of that date, Attorney Kelly S. Kuglitsch began a one-year term as that Board’s Vice Chairperson. The Taxation Law Section has more than 500 members. The Board’s mission is to provide its members with a forum to discuss issues pertaining to federal and state taxation, as well as to recommend legislation and to provide opportunities for professional education and networking.

Samantha is a member of the firm’s Business Law and Tax/Succession Practice Groups where she focuses on tax planning. Samantha offers planning strategies on entity selection and formation; prepares and negotiates organizational documents such as operating and shareholders agreements; and structures mergers, acquisitions and reorganizations. Additionally, she assists clients with various federal and state tax matters, including equity rollovers, like-kind exchanges, and obtaining and maintaining tax-exempt status. Samantha also counsels individuals on estate and business succession planning matters.

Kelly Kuglitsch is a member of the firm’s Employment Law Practice Group. She frequently represents clients facing IRS, DOL, or PBGC audits or assessments relating to qualified retirement plans, health plans, payroll tax, excise taxes, an ACA Employer Shared Responsibility Payments (a.k.a. ACA penalties). She also provides counsel on a variety of technical ERISA and tax compliance matters, including nonqualified deferred compensation and technical benefit plan corrections. Kelly originally joined the Board in 2015, and has served as an Officer (Secretary/Treasurer) since 2016.

Both Attorneys are very pleased to be elected and look forward to being involved with the Board in their new roles.




OCHDL Is Pleased to Announce That Attorney Christopher B. Keeler Has Joined the Firm


Attorney Christopher B. Keeler, a 2016 graduate of the American University Washington College of Law, has joined the Milwaukee law firm O’Neil, Cannon, Hollman, DeJong & Laing S.C. After graduating from law school, Chris lived and practiced in the Virginia area, focusing on immigration litigation matters. Before going to law school, Chris spent time working internationally, and he is able to communicate in both French and Arabic. Chris was born and raised in Maine, and recently moved to Milwaukee with his wife.

O’Neil, Cannon, Hollman, DeJong & Laing S.C., founded in Milwaukee in 1973, is a full-service legal practice that primarily focuses on providing business law and civil litigation services to closely-held businesses and their owners. The firm represents corporations, institutions, and partnerships at all stages of the business life cycle, helping them start, grow and transition from one generation to the next. We also assist business owners with their personal legal needs including tax and estate planning, family law and litigation—including personal injury litigation.




The WiLaw Quarterly Newsletter


 

Newsletter Article Highlights:

Pleased to Announce:

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