Corporate Law

Panama City Corporate Attorney

Assisting Corporations in Panama City, Florida

Corporate law issues deal with businesses that have incorporated, and thus have a separate legal standing in the eyes of the law. Corporate law also deals with the interactions of directors, shareholders, employees, creditors and other stakeholders such as consumers, the community, and surrounding environment. Among other things, a corporate lawyer ensures that the decisions made and the transactions a corporation engages in are legal and not in conflict with local, state, or federal laws. My goal is to help clients achieve their business goals within the bounds of these laws and to structure commercial transactions accordingly.

If you or someone you know needs legal assistance with a corporate law matter in the Panama City area, please contact me to set up a meeting. As an attorney focused in this area, I can provide advice, counsel, and the necessary paperwork for the corporate law issues you may be facing.

Let a Panama City Corporate Lawyer Help You

Irrespective of the size or complexity of your organization, I can provide personalized attention and thoroughness you will expect. I will apply my understanding of corporate and tax law to your particular situation, and I will help you achieve the results you are seeking. One of my goals will be to foster a professional relationship that will stand the test of time, and be mutually beneficial.

If you are facing corporate issues that require legal assistance, please contact Panama City corporate attorney Max W. McCord III to discuss the specifics of your situation.


Have questions? We are here to help. Still have questions or can't find the answer you need? Give us a call at 850-640-1131 today!

  • What are some of the benefits of conducting business through a legal entity?

    One of the most important benefits is the protection of your personal assets against the claims of creditors. Generally speaking, directors, officers, managers, members, and stockholders (the interested parties) are not held personally liable for the debts and obligations of the business entity. The interested parties should be limited in their personal liability to the amount invested in the company. Another legal benefit is the transferability of ownership, which can be done either in whole or in part. Also, some estate tax planning options are only available to business entities. Retirement funds, such as 401ks may be established more easily. Also, a business entity can acquire and establish its own credit rating.

  • What are some of the mistakes people make when going into business?
    There are always risks involved in going into business. As most people know, a majority of small businesses do not succeed in the long run. Mistakes of new business owners may include the lack of a realistic business plan, underestimating costs and tax liabilities, and unfavorable business contracts/agreements. Even more problematic is a failure to understand the business or the marketplace, underestimating the competition, and/or not being effective at managing a business. Responsibility for these latter areas ultimately falls to the owners, but sound legal advice can substantially improve the chances of success.
  • How can I be protected from liability claims that arise from my business?

    Generally speaking, business owners doing business as limited liability companies, corporations, or limited partnerships do not have personal liability for the obligations or debts of the business. This assumes that no personal guarantees have been executed. If the business has been properly created, it is a separate legal entity. The details of formation are important, and the filing fees must be paid. If properly created and maintained, the assets owned by the business should be the only ones that are subject to debt or other liability considerations.