Wegner Law PLLC helps client raise $4 million in succesful offering

Wegner Law PLLC acted as lead counsel in a $4 million private placement for a client in central Florida. The agricultural startup is looking to bring innovative products to growers and others in the burdening cannibals industry.

P. Christopher Wegner did everything from draft the company’s operating agreement and other corporate documents to negotiating complex convertible notes with sophisticated investors from Texas and Colorado.

The client has now retained Wegner to be the company’s general counsel as it looks to break into this fast paced but promising field.

If you are trying to raise money or break into agriculture, or cannabis, call P. Christopher Wegner today at 239.449.9200 or visit wegnerlawfirm.com for more information.

Wegner announces affiliation with English law firm

Wegner Law PLLC has entered into an affiliation agreement with St. James Square Law Firm in New Castle, England, to provide even more services for demanding international business clients. St. James Square Law Firm specializes in dispute resolution, corporate reorganization, sports law and real estate law throughout Europe and opens up new opportunities for Wegner Law PLLC clients doing business throughout the European Union or the United Kingdom.

In addition to providing general business and tax law advice to St. James Square Law Firm clients seeking to do business in the United States, Wegner Law PLLC will provide sophisticated tax law advice to European golfers and soccer players and clubs moving to or doing business in the US. This new relationship not only opens the door to greater opportunities for Wegner clients but is yet another example of the firm’s stellar reputation in the areas of business and tax law.

If you would like to take advantage of our new affiliation or are interested in learning more about the law firm helping businesses grow, contact P. Christopher Wegner, at 239.449.9200, cwegner@wegnerlawfirm.com or visit wegnerlawfirm.com to learn more.

Recent Supreme Court case emboldens states to test limits of taxing authority

A recent Supreme Court opinion is likely to embolden states to test the limits of their taxing authority by limiting the ways taxpayers can challenge the taxes in court. In Franchise Tax Board of California v. Hyatt, Justice Thomas, writing for the Court, held that states have an inherent sovereign immunity protecting them from law suits in other states. Therefore, according to Thomas, plaintiffs can only sue states in other states if the potential defendant state itself decides to waive the immunity.

While, on the surface, this may not seem likely to impact state tax laws, it is expected that the change will permit states to push the limits of what states have historically been allowed to do. Therefore, it is easy to see how states could use this new precedent to increase the scope and number of enforcement actions against people in other jurisdictions that may owe taxes to the state.

Nobody knows for certain what the long term impact of Hyatt will be but it is definitely something businesses should consider; especially as the new rules for the collection of interstate sales tax begin to emerge from the various states.

If you have any questions or concerns about this topic or any legal or tax matter, contact P. Christopher Wegner at 239.449.9200 or cwegner@wegnerlawfirm.com. You can also visit www.wegnerlawfirm.com any time of day to learn about the law firm is helping businesses grow.

Small business week

We would like to take this opportunity to thank all of the small businesses in the area that trust us for their business and tax law needs.

Ninety-nine point nine percent (99.9%) of all businesses in the United States are small businesses and we are here to serve everyone of them. We only serve businesses and most of our practice is small to mid-sized businesses like yours that need top notch legal advice at reasonable prices.

If you need an attorney to help your small business with formation, capital raising or day to day legal, give us a call. Our initial consultation is free but our advise is invaluable.