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  • Bayard, P.A.

Commercial Transactions

Overview

Bayard provides comprehensive business law counsel to commercial enterprises of all sizes and across a multitude of established and emerging industries. From national and multinational companies and financial institutions to middle market and small businesses, clients rely on our extensive experience to perform at the highest level with skill and integrity in all commercial transactions. We frequently interface with referring counsel on behalf of their clients as well as directly advising clients’ legal departments, executives and investors or entrepreneurs. 

Bayard attorneys in this group sometimes serve as outside general counsel for business clients that do not have in-house legal departments, handling a variety of legal matters and assisting clients in securing counsel as needed in other jurisdictions or with regard to specialized practice areas. Bayard’s position as the sole Delaware firm in Meritas®, a global network of business law firms with representation in most major markets in the United States and 93 other countries, enables the firm to partner with attorneys having the geographic presence or substantive expertise required by our clients. 

Bayard’s transactional lawyers counsel clients in a broad range of industries, including software, technology, construction, manufacturing, hospitality, insurance, biotech, and many others. We are frequently engaged to assist out-of-state lawyers as to matters of Delaware business and contract law and to advise clients that need informed guidance and sound judgment from Delaware counsel with expertise in all aspects of corporate and commercial transactions. 

Our attorneys are intimately familiar with the relevant Delaware statutes, which are constantly adapting to meet the needs of the thousands of business entities impacted by them. Bayard’s legal services encompass the full scope of commercial transactions essential to engage in complex or consequential business activities. 
Our commercial transaction services include assisting clients with a variety of business-related matters that touch upon Delaware law or involve Delaware business entities, including but not limited to:
 
  • Negotiating and drafting all types of business contracts, including those involving complex multi-party relationships and specialized contract terms intended to take advantage of Delaware’s favorable business laws and to ensure access to the Delaware courts
  • Secured loan transactions involving Delaware business entities, including asset-based financing, equipment financing, lines of credit guaranties, stock pledges and grants of security interests in Delaware entities, including limited liability company interests, partnership interests and beneficial interests in statutory trusts
  • Uniform Commercial Code matters
  • Structured finance and securitization transactions
  • Franchise advice
  • Licensing and distribution agreements
  • Consignment agreements and supply agreements
  • Cross border transactions, including advising foreign lenders in connection with financing transactions and guaranties by Delaware business entities, and grants of security in connection therewith
  • Asset or stock acquisitions and sales, including transactions arising from bankruptcy liquidations or reorganizations and spin-offs of divisions
  • Non-disclosure agreements, non-competition agreements and consulting agreements
  • Trademark advice
  • Review of transaction documents for compliance with Delaware law

Bayard’s esteemed position among Delaware’s corporate and commercial law firms is the product of our pragmatic structure and our team of veteran lawyers with a vast range of experience. Unlike large firms, whose grand size often leads to hyper-segmented departments whose lawyers have limited experience outside their own subspecialty, Bayard’s preference for collaboration results in more comprehensive and cost-effective interaction. The resulting agility and comprehensive coverage provide clients with greater clarity and lead to better results at a more reasonable cost.