Business Law
Total Credits: 3 including 3 Alabama CLE Credit
- Average Rating:
- Not yet rated
- Categories:
- Business Law
- Faculty:
- Joshua Lowenthal | Jason Proctor
- License:
- Never Expires.
Description
Topics covered will include:
Drafting the Partnership/Operating Agreement: Protecting Owners and the Business
A well-drafted partnership or operating agreement is essential to protecting both the business and its owners. Beyond the boilerplate, these agreements define decision-making authority, allocate profits and losses, set rules for ownership transfers, and establish a roadmap for resolving disputes. Too often, small businesses rely on generic templates that fail to address critical issues - leading to unnecessary conflict and risk.
Elements of a Small Business Acquisition: SBA Financing and the Coming Silver Tsunami
The U.S. is entering a historic wave of business ownership transfers as Baby Boomer entrepreneurs retire, the so-called “Silver Tsunami.” For buyers, this presents unprecedented opportunities to acquire established businesses. But successful acquisitions require more than capital: they demand a clear understanding of legal structures, SBA financing, and deal execution.
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Faculty
Joshua Lowenthal Related Seminars and Products
Law Firm of Joshua Lowenthal
Josh Lowenthal is a business and tax attorney based in Tuscaloosa, Alabama, who helps entrepreneurs, small business owners, and acquisition entrepreneurs. Drawing on experience in complex mergers and acquisitions, tax structuring, and business law, Josh advises clients through every stage of growth, from formation and capital structuring to due diligence, negotiations, and strategic exits. He is known for translating highly technical frameworks like QSBS eligibility, 338(h)(10) elections, and partnership allocations into practical strategies that create long-term value. As both a trusted advisor and a business owner himself, Josh integrates legal precision with entrepreneurial vision, providing his clients not just with transactional support but with a roadmap to sustainable wealth and legacy creation.

Jason Proctor Related Seminars and Products
Hubbard, McIlwain & Brakefield, P.C.
Jason A. Proctor is an associate attorney at Hubbard, McIlwain & Brakefield, P.C., and a title agent at West Alabama Insured Titles, LLC. Jason is a native of Savannah, GA, and a graduate of Auburn University (B.S. in Economics) and the University of Alabama School of Law (J.D./L.L.M. in Taxation). Jason focuses his practice on business entities, estate planning, real estate, collections, and tax. Outside of his practice, Jason also serves on the Board of Directors for Easter Seals of West Alabama, and is the President of BNI Tuscaloosa.