WHO WE ARE
Taking a New Approach to Help Las Vegas Businesses
Since the firm’s opening in 2009, the attorneys at the Law Offices of Tony M. May, P.C. have been working with Las Vegas businesses and individuals to provide them with the very best up to date legal advice. With the combined experience of our attorneys, our firm has backgrounds in many different industries. Therefore, we are ready and prepared to assist you on your various legal matters.
We firmly believe that in order to promote the very best interests of our clients, as well as obtain the best possible legal outcome for them, it is imperative that we educate each and every individual client thoroughly about their legal issues. So that when we share information with our clients, in turn, they can provide us with all of the necessary and pertinent information we need to help them in their situation.
Meeting with Attorneys Who Use Las Vegas Business Law to Help You
Rather than diving headfirst into business or personal disputes without knowing where you are going, or what your rights are, first consider calling one of our attorneys at the law office of Tony M. May, P.C. to assist you. Our firm will provide you with the best legal information to help you, help yourself. Whether you are starting a new business, negotiating a contract, having lease issues, or filing a construction claim, we will help you to see the bigger picture, and work within the laws to make them benefit you. We are Las Vegas’s best business law firm, and we are ready to help your business succeed!
Our Las Vegas Business Attorneys
At Tony M. May, P.C., we have business attorneys that are skilled in a multitude of different areas. We are proud to provide Las Vegas businesses and individuals with legal services in administrative law, business law, construction law, contract law, contract drafting/negotiations, consumer bankruptcy, lease agreement drafting and negotiations, employment law, and real estate law.
Las Vegas Attorney‘s
No matter which of the above-mentioned areas of law you find yourself in need of assistance for, our attorneys will be able to assess the situation, find the best possible solution, and educate you in the processes we use in order to work as a team to achieve the best possible outcome.
Our attorneys work with both new and existing companies looking to protect their businesses. Our Las Vegas business law firm makes it a priority to provide individuals and companies with personalized, and general counsel services. We firmly believe in creating solid, long-term business relationships with our clients. We feel that they deserve to have access to the very best possible legal counsel. Our Law Firm provides creative business solutions in regards to drafting, forming and restricting legal entities. Our experienced negotiation team has years of experience handling contracts, dispute resolutions, regulatory compliances, and preventative advice.
MEET OUR TEAM
April 17, 2017
The best business owners are those who not only strive for success but have knowledge about their available resources in the event of financial setbacks. If your business gets into a bad financial situation and becomes insolvent, it may be time for a contingency plan where the business needs to erase its debt. The prospect of filing for Chapter 7, Chapter 11 or Chapter 13 Bankruptcy can be very intimidating.
However, if it is the right decision for your financial situation, then it’s a responsible one that has been part of the American legal system for a long time. The legal side of declaring bankruptcy is intricate and seeking a bankruptcy lawyer can make the process much easier to navigate. However, it behooves one to become familiar with the background and basics of the process before engaging an attorney. You will find below, a basic guide surrounding filing for Chapter 7 and 13 Bankruptcy. For Chapter 11, the process is more intricate and should be discussed with an attorney. However, for Chapters 7 and 13, use this and other resources to determine what the best course of action is for your business.
Why File Bankruptcy?
You should because you deserve a fresh start. Edison tried over 700 ways to make a light bulb before he got it right. When asked by a New York Times reporter about the concept of failure, Edison answered,
“I have not failed 700 times. I have not failed once. I have succeeded in proving that those 700 ways will not work. When I have eliminated the ways that will not work, I will find the way that will work.”
Do not feel discouraged in the process of filing for bankruptcy. This process is just another tool in the process of finding the right path for your business.
Many people have been in this position before, many more still will be, and many of those businesses who sought help from bankruptcy are now back on their feet and profitable. U.S. law allows you to eliminate or reduce your debt if you or your business is in the red and qualifies for bankruptcy.
Should You File?
First, determine if you should file for bankruptcy and what specific chapter you will file for. The two common types of bankruptcy forms for individuals and small businesses are Chapter 7 and Chapter 13. If you are sure you will file in Las Vegas and you would like specific advice on your case, contact The Law Offices of Tony M. May, P.C. online or by phone.
In October of 2005, a new bankruptcy law took effect. This law acts to establish a determination for the type of bankruptcy filing an individual may qualify for through a mathematical formula called a “means test.” This will take into consideration, your monthly income, the size and type of debt you have, and your financial assets.
In the city of Las Vegas, an individual may file for Chapter 7 or 13 Bankruptcy if their annual income amounts to less than the state median income in the state of Nevada. If an individual's annual income amounts to over the state median income, they will be required to complete a list of pre-qualifications, including an estimate deduction on their projected disposable income for the next 5 years. This, among other qualifications, will determine which chapter you may file for.
Chapter 7 Bankruptcy
This is often filed by individuals who find themselves in personal debt with unsecured debtors. You may file for Chapter 7 Bankruptcy for a maximum amount of debt management and for protecting your assets. Chapter 7 works to wipe out unsecured debts, like hospital bills, utility delinquencies, and credit cards. The process of being approved for Chapter 7 Bankruptcy is relatively streamlined and speedy for the one filing.
Normally in Las Vegas, the time elapsed between filing and being approved is between three to five months. However, this should be used with caution. The law only permits one to file for Chapter 7 once every seven years, so it is useful to consult a bankruptcy lawyer in determining whether or not filing bankruptcy at this time is right for you.
If approved, Chapter 7 Bankruptcy allows one to eradicate the majority of their unsecured debts but requires an individual to give up all of their non-exempt property. Often, those who file for Chapter 7 Bankruptcy no longer have any non-exempt property or equity or they had secured their assets. One may secure assets prior to filing, by pledging them to a secured creditor as debt collateral. Assets protected under exemption laws are not available to pay off unsecured creditors and are known as “no asset” bankruptcies. Often, Chapter 7 Bankruptcies are classified as no asset files. A court can deny a Chapter 7 Bankruptcy case if the individual's debts are mostly consumer-based.
Chapter 13 Bankruptcy
Often, filed by small businesses and sole proprietorships, Chapter 13 of the bankruptcy code allows debt to be paid back as part of a repayment plan at a smaller portion of the original amount. Though one must still pay their debt in part, they are not required to give up property. After being approved, recipients will live within a strict budget, which is monitored by the bank and the court trustee. The process for Chapter 13 Bankruptcy approval takes a significantly longer duration of time than that of Chapter 7.
Once approved, failure to meet the required monthly payments will result in a restitution of one's debts and a failure of the bankruptcy. However, debtors have an opportunity at that time to convert their bankruptcy to a Chapter 7.
Unlike Chapter 7 Bankruptcy, Chapter 13 Bankruptcy is implemented by those who are behind with payments such as a repayment plan or a mortgage. Chapter 13 allows those who are approved to catch up on their debt over time. A great benefit in filing for Chapter 13 is the opportunity for debtors to keep their homes free from foreclosure.
- Chapter 11 Bankruptcy
For large businesses or businesses with significant assets, chapter 11 is more likely the right choice of bankruptcy if the business wants to eliminate debt and continue the business. Since this is the most complicated of the three types of bankruptcy, we recommend that you sit down with a bankruptcy attorney and discuss your options directly. Many large companies in the United States, as well as within the Las Vegas Valley, have used bankruptcy as a means of keeping a business going, despite suffocating debt.
If you would like to have a confidential discussion with an attorney to determine if bankruptcy is right for you, and which form of bankruptcy will best suit you or your business, please contact us at The Law Offices of Tony M. May, P.C.
How Much Will it Cost?
Like anything in the legal industry, filing for bankruptcy can be a complicated and costly endeavor. There is more to filing for bankruptcy than a simple form and a fee. Individuals will encounter several fees mandatory for the processing of one's file. Fees will be required for pre-filing, credit counseling, debt management ‘education’, legal consultation, preparing and processing of the required forms, and other varied court procedures. It’s difficult to say, for certain, since every case is different but the process will likely cost an individual anywhere between $415 and $2500.
Many applicants may qualify for fee waivers. Finally, the cost of the filing process will be contingent on one's individual financial standing. This may take into consideration foreclosures, child support related debt, back taxes, and the status of asset exemptions. For professional help in navigating the world of bankruptcy law in Las Vegas, contact The Law Offices of Tony M. May, P.C.
April 17, 2017
4 Reasons You’ll Need a Business Lawyer
Business lawyers and legal advice are not just a good idea, they are essential components of any business plan for the legalities and laws concerning your industry. With so many legal matters, lawyers can potentially save a company time, money, and resources while providing the extra boost of confidence every business owner needs.
Not considering a business lawyer may turn into a costly mistake and an error which could have easily been avoided with a bit of research. They increase the value of the business and help protect their clients from legal implications so they can operate a fruitful and flourishing organization.
Following State and Federal Compliance procedures are also an important aspect a business owner may overlook due to the vast majority of laws. A business lawyer will help ensure no law is overlooked and all business is conducted up to State and Federal standards.
Responsibilities of a Business Lawyer
- Helps handle various business transactions legally and ethically
- Assists with liability claims
- Advises the client concerning the prosecution or defense of lawsuits
- Educates the client on their legal rights and obligations
- Analyzes possible outcomes for potential cases
- Evaluates any findings and develops accurate and pointed legal strategies
Benefits of a Business Lawyer
Here are four reasons why a business lawyer and legal advice are essential to protect you, your clients, and your employees.
Help Determine the Business Structure
Every firm or business starts from the ground up and there are often questions concerning the structure of the business. A business can choose to be a sole proprietorship, partnership, limited liability company, corporation, or nonprofit. An experienced lawyer can help navigate the business owner through all these options while helping settle on the choice which bests suit your industry.
Business lawyers can also assist with educating the business owner on how to avoid personal liabilities, set-up fees, choosing the right insurance policies for your business, setting up employee manuals, identifying business expenses, and create and file all required documents so nothing is missed in the structuring process of the business.
Drafting and Negotiating Contracts
A well-written contract is essential to any business and is the foundation of any good business deal. Business lawyers will take the time to educate their clients and explain the process for any contract or negotiation such as a sales contract, vendor contracts, and employment contracts.
A lawyer can find potential issues there may be within a contract and advise their client on how to proceed regarding any issues which may arise. They can help you achieve a fair negotiation process and fair contract terms while also evaluating the conditions of the business to be sure the client will be forfeiting none of their rights. Business lawyer can also identify liabilities within contracts that need to be addressed during contract negotiations so that your business does not take on unnecessary risks as part of a contract.
Some environmental problems a business could face include manufacturing, waste disposal, and emissions. There may also be issues which arise if you are looking to purchase a piece of property and an inspection and environmental study are required to be done before securing the financing.
A business lawyer can help advise the client on any potential problems they may face due to these requirements and will help them comply with environmental standards as they proceed with the sale.
Business lawyers also assist with franchise agreements, real estate purchases and sales, disclosure agreements, contract review, modification, and disputes. They aid in navigating stress and will read all lengthy documents in their entirety so nothing is missed and none of the client’s rights or obligations are looked over or create potential liabilities.
The biggest benefit of hiring a business lawyer is their expertise and knowledge of legal matters relating to setting up and running a business. They focus their efforts and attention on issues which can affect the business' profit margin and can interpret the laws and regulations in the client’s state that affect the bottom line of their business.
A lawyer can create strategic maneuvering techniques for preemptive measures to avoid litigation and penalties. This advice can save a business a lot of time and a lot of money and limits the owner’s exposure to potential litigation issues.
Choosing the Right Lawyer
Choosing the right lawyer will take time and patience. The client will want to look for a lawyer they know and trust. One whose reputation is good, reliable, and upstanding. While finding a lawyer, there are several questions you should ask them:
- How long have you been practicing business law?
- Do you have experience in my industry?
- How do you charge for legal fees and other expenses?
- What is your advice to lessen the chance of litigation?
Finally, consider where the office is located. Is it in a convenient location? How is the communication between yourself and the lawyer? A good lawyer will be available when the client needs them. If they do not return phone calls, then the communication isn’t there and they might not be the best fit for your business.
Hiring a lawyer to help a business is an essential move toward running a successful operation. Even before a business can open their doors for the first time, they need to be sure they have filed all the appropriate paperwork and are following the standards and regulations set forth by their state.
They also need to be sure all tax and liability obligations are addressed. If there are employees, a business lawyer can also assist with employee issues including fair employee contracts, business disputes, insurance requirements, and wage and salary information.
If the structure of the company has already been determined, a business lawyer can assist with recommendations concerning the business structure. They can help to create a better plan which takes into consideration the size and type of the business, the complexity of time issues, while also being cost effective.
Business lawyers are trained, educated, and knowledgeable on all aspects concerning the legalities of owning and operating a business and can be the best tool to save time, money, and legal stress which could arise from miscommunication, misfiled documents, or missed regulations about the operation of a business.
Tony May Law is eager to answer any questions you may have concerning your new business and is ready to assist with any legal matters that exist or could exist.
Call, email, or fill out our contact form to get in touch.
April 7, 2017
Disputes regarding business contracts can be extremely stressful and complicated if you aren't consulting with a professional business lawyer. That's why it's essential that you take advantage of business contract law services throughout the entire process of any contracting agreement.
In order to succeed in a breach of contract claim, for instance, you, with the assistance of your business lawyer, will have to prove the existence of four things: an enforceable contract, your performance of the contract, the defendant's breach of the contract, and the actual damages of that breach.
Existence of an Enforceable Contract
For a business contract to be valid, four additional things will have to be proved:
- Offer -- This can be an intention to enter a contract pertaining to both (or more) parties. Keep in mind, however, that not all discussions involving future business deals will constitute as offers.
- Consideration -- This means that each party has agreed to give and receive something of value. A unilateral promise is usually not considered an enforceable contract, and neither are deals based on past services.
- Acceptance -- This is when the parties involved have clearly agreed to all of the contract's essential terms. It is often difficult to prove acceptance in oral contracts, which is why written agreements are generally preferred.
- Mutuality -- This means that all parties involved understood and agreed to the basic terms and substance of the contract after an initial meeting or discussion.
Your Performance of the Contract
You must prove that you held up your end of the deal. In order to prove breach of contract, it's essential that you accomplished each detail and each responsibility that you were accountable for and that you were obligated to perform. If you're suing for breach of contract and it's discovered that you didn't hold up your end, there is a chance that the entire contract will subsequently be void.
The Defendant's Breach
In addition to proving that you held up your end of the contract, you have to also prove that the other party (or parties) involved did not perform their contractual duties. Whether the defendant deliberately broke contract or not, you must prove the actual breach of the contract's terms. It's important to keep in mind that breaches of contract that do not take away value from the initial agreement are generally considered minor breaches, which are much less likely to succeed as a lawsuit.
Damages of the Breach
You have to be able to prove how the specific breach of contract led to various damages. Damages cover any lost money, lost service time, or any other expense incurred due to the breach of contract. The general measure of contract damages is the loss of the bargain, which means what you lost as a result of the other party or parties' breach of the contract.
If you have been involved in a potential breach of contract case and are in need of business litigation assistance or advice, you're going to need an experienced business lawyer. Contact Tony M. May, P.C. today.
The man who won my case.
“I had to sue a rouge partner, and consulted with 2 attorney's who advised me my case would be very hard to win, and to better leave things as they were. I got very lucky when a friend of mine recommended Tony May to me. After a 2 hour consultation, he decided my case was worth pursuing. He built such a good case for me, that when the judge ordered both parties to meet and try to resolve the issues at hand, before having to go to trial, my partners attorney was at a loss. We settled, and I got everything I was contesting and more. My partners attorney later admitted to me that sometimes your own clients are your worst enemies. Thank you Tony for a job well done!” William
Exceptional service well adept and professional.
“Mr. May and his staff did an exceptional job in handling my legal matter. I want to take this opportunity to personally thank them in making me a believer that there are still professionals who care. I highly recommend him and his staff .”Cheryline
Instrumental in helping our company deal with what appeared to be a ‘no win’ situation
“Tony and his firm was instrumental in helping our company deal with what appeared to be a ‘no win’ situation. His experience and knowledge of the situation, contract law, and reputation was key to helping us with our dilemma. More importantly Tony read our situation and knew exactly how to proceed. Things worked out as successfully as possible. Without Tony that would not have been possible. We nearly chose another firm. Which would have been disastrous. I am writing this review to help others make a choice that will truly assist them. Thank you.”Vincent K.
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