Practice Areas

Teri G. Rasmussen

trasmussen@plunkettcooney.com
614.629-3014
"Pragmatic Advice to Guide
Your Legally Informed Business Decisions"  

 

 

Primary Practice Areas:

Business and Corporate Law

Commercial and Contract Law

Creditors' Rights and Bankruptcy Law

Real Estate Law

 

Professional Services Offered:

 

  • Business Formation and Corporate Maintenance >> Advise on choice between operating as LLC or corporation and assist in preparation of appropriate documentation to get businesses started on the right foot. Ongoing counsel concerning compliance with corporate formalities to ensure benefits of continued limited liability.

 

  • Agreements Among Owners of Company >> Guide owners in reaching determinations about issues such as company decision-making procedures, exit strategies, admission of new owners, allocation of profits and losses, triggers for distributions or capital contributions, and related matters.
  • Business Contracts and Deals >> Structure, negotiate, and document business transactions of all kinds, including acquisition and sale of businesses, agreements with suppliers, vendors, and customers, joint ventures, franchising, and other contracts.  Assist in organization and implementation of due diligence activities.  Litigation representation and trial advocacy for breach of contract and other business disputes.
  • Leases (Equipment and Office/Store) >> Review and negotiate leases for (A) machinery and equipment to be used by the business and/or (B) retail premises or office space.
  • Real Estate Acquisition >> Assist individual and institutional investors in acquiring improved and unimproved real property and arranging favorable financing.
  • Debt and Equity Financing >> Counsel regarding terms and conditions for receiving funds from traditional lending sources, venture capitalists, angel investors, or others.

 

  • Commercial Transactions and Loan Documentation >> Structure, negotiate, and document commercial loans and leases of all sorts on behalf of financial institutions, secured creditors, equipment lessors and other lenders, as well as business borrowers.
  • Creditors' Rights, Workouts, and Business Bankruptcy >> Pursue collection or restructuring of delinquent commercial loans, as appropriate, through cognovit judgments, replevins, and foreclosures, as well as out-of-court workouts or loan modifications.  Representation of creditors in business bankruptcy (primarily Chapter 11) proceedings.
 
>>>>>>  A word about FEES....
  • There are a few things I can do as a flat fee.  These would include one person LLC or corporation, simple promissory note and mortgage/security interest, and certain other basic services.
  • Generally, I bill for my time  (and that, together with my experience and expertise gained over 25-plus years of legal prectice, is what I am ultimately offering to you for purchase) on an hourly basis.  I do it this way because (1) usually there are way too many variables for me to be able to give you a firm quote; (2) I don't get any more hours in the day than anyone else and once I've given those to one client, i can't give it to anyone else; and (3) that's the way it's mostly done in the law biz, and on this one, I suppose I've chosen not to rock the boat. 
    • My hourly rate varies depending on the complexity of what you are asking me to do.  It can range from $150 to $325 per hour.  You should probably plan on a rate of at least between $200 and $250 in most cases.  
    • I usually require payment of an initial retainer with new clients.  This varies from case to case and depends on the nature and complexity of what you are asking me to do.
    • In most cases, I DO NOT do the "first meeting" for free.  What I will do is meet with you for however long we need to take (within reason and generally assuming we're talking 1-1 1/2 hours, max 2 hours) for a set flat fee, usually $250, payable when we meet.  If you just "want to get acquainted" or size me up to decide if you want me to be your lawyer, ask me to lunch.  I have to eat anyway and I always like to meet new people.  Or catxh me at any of a number of networking events I attend. 
 
I provide legal representation in business, corporate, and commercial matters, creditors' rights, real estate law, and general civil and appellate litigation to clients based in Central Ohio, including Bexley, Clintonville, Columbus, Dublin, Gahanna, German Village, Grandview, Grove City, Hilliard, New Albany, Powell, Upper Arlington, Victorian Village, Westerville, and Worthington.   I serve business, professional, and individual clients located in Franklin, Delaware, Union, Madison, and Fairfield counties, as well as throughout the State of Ohio and across the nation.
This blog is not intended as legal advice as every situation differs and you should consult an attorney about your particular legal concern.  This blog (as well as any comments to posts on this blog) is not an offer to represent you nor is it intended to form an attorney-client relationship.

 

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