Koon & Pipes PLLC
Business & Investment

Florida Shareholder, Partnership, and Buy-Sell Agreements

Co-owners agree on a lot when a company is new. The agreement decides what happens when they stop agreeing. We draft and negotiate shareholder, partnership, and buy-sell agreements for Florida companies and their owners.

Matters we handle

  • Shareholder agreements for closely held corporations
  • Partnership agreements
  • Operating agreement provisions for multi-member LLCs
  • Buy-sell terms triggered by death, disability, divorce, or departure
  • Valuation methods and payment terms for buyouts
  • Rights of first refusal, drag-along, and tag-along rights
  • Deadlock-breaking provisions
  • Amending agreements when new owners come in

Florida law at a glance

  • Florida lets shareholders of many closely held corporations agree on how the company is governed, even where the agreement departs from the default statutory rules (section 607.0732, Florida Statutes).
  • For LLCs, the operating agreement controls most issues, and Chapter 605 fills in where it is silent.
  • Buy-sell terms are commonly funded with life insurance or installment payments. The valuation method should be settled in the agreement, not after a dispute starts.

General information about Florida law, not legal advice about your situation. Deadlines and requirements depend on the facts and the documents involved.

Tell us about your situation

Send us a few lines about what is going on, or call the office. Please do not include confidential details until we confirm we can receive them.