Business Exit Attorney • Great Neck, New York

Business Exit Attorney in Great Neck

You built your business. We protect what you have built when it is time to sell. Our Great Neck business exit attorneys represent owners selling companies across Finance, Real Estate, Healthcare, providing strategic sell-side counsel that maximizes your value, protects your interests, and gets the deal across the finish line.

Selective M&A Practice
Personal Attention
Managing Partner on Every Deal

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What We Do

Alex Lubyansky handles business exit & sell-side law work for buyers and sellers in Great Neck and across the country. Here is what that looks like:

  • Sell-side legal representation for business owners
  • Exit readiness assessment and pre-sale preparation
  • Buyer vetting and offer evaluation
  • Purchase agreement negotiation on behalf of sellers
  • Representations and warranties management to minimize post-closing liability
  • Escrow and indemnification cap structuring
  • Non-compete and transition services agreement negotiation
  • Post-closing obligation management and earnout dispute support

Who We Serve

We work best with people who know what they want and are ready to move:

  • Business owners planning to sell within the next 6 to 24 months
  • Founders who received an offer and need legal counsel immediately
  • Family-owned businesses planning generational transitions through sale
  • Business owners approached by private equity firms or strategic buyers
  • Partners managing a business dissolution through sale of assets
  • Entrepreneurs ready to exit and move on to their next venture

See If Your Deal Is a Fit

Tell us what you are working on. We respond within one business day.

Your information is kept strictly confidential and will never be shared. Privacy Policy

Our Process

A structured, methodical approach to business exit & sell-side law

1

Exit Readiness Review

We assess your corporate records, contracts, and legal standing to identify issues that could reduce your sale price or delay closing, and help you fix them before going to market.

2

Deal Strategy

We work with you and your advisors to define your priorities, whether that is maximizing cash at close, minimizing post-closing risk, retaining key terms, or achieving a clean break.

3

Offer Evaluation & LOI Negotiation

We analyze incoming offers and negotiate letter of intent terms that set you up for a successful transaction, including purchase price structure, exclusivity, and closing conditions.

4

Purchase Agreement Negotiation

Managing Partner Alex Lubyansky personally negotiates the definitive purchase agreement, fighting for seller-favorable terms on reps and warranties, indemnification, escrow, and closing mechanics.

5

Closing & Transition

We manage the closing process, coordinate with all parties, and handle transition services agreements and non-compete terms so you can exit on your terms.

What Happens After You Submit

We don't take every matter. Here is what happens when you reach out.

1

Personal Review (Within 24 Hours)

Alex reviews your transaction details personally. No intake coordinators, no junior associates screening your submission.

2

Fit Assessment

We evaluate whether your deal aligns with our practice. Not every matter is a fit, and we will tell you directly if it is not.

3

Initial Conversation

If there is alignment, Alex schedules a direct call to discuss your transaction, timeline, and objectives.

4

Clear Engagement Terms

Before any work begins, you receive a written engagement letter with defined scope, timeline, and fee structure. No surprises.

Request Your Great Neck Engagement Assessment

Alex Lubyansky handles every business exit & sell-side law engagement personally.

15+ years of M&A experience. Nationwide. One attorney on every deal.

Request Engagement Assessment

We review every transaction inquiry within one business day.

Your information is kept strictly confidential and will never be shared. Privacy Policy

Questions to Ask Any M&A Attorney Before Hiring

Use these before you call any firm, including ours.

1. "Who will actually handle my transaction?"

At many firms, a partner sells the work and a junior associate does it. Ask for the name of the attorney who will draft and negotiate your documents.

2. "How many M&A transactions has the lead attorney closed in the past 12 months?"

Volume indicates current, active deal experience, not just credentials from years ago.

3. "What is your experience with my deal size and industry?"

A $500K SBA acquisition and a $50M PE deal require different skill sets. Make sure the attorney has handled transactions similar to yours.

4. "Will you coordinate with my CPA, financial advisor, and broker?"

M&A transactions require a team. Your attorney should work with your other advisors, not in a silo.

5. "How do you handle post-closing disputes?"

Reps, warranties, and indemnification claims surface months after closing. Ask whether the firm handles post-closing litigation or refers it out.

6. "What is your fee structure, and what drives cost?"

Hourly, flat fee, or hybrid. Ask what factors increase legal costs so there are no surprises.

Frequently Asked Questions

Common questions from Great Neck clients

When should I hire a lawyer to help sell my business?
Ideally, engage a business exit attorney 6 to 12 months before you plan to go to market. This gives us time to clean up corporate records, resolve potential deal-killers, and structure the company for maximum sale value. If you have already received an offer, contact us immediately so we can protect your interests from the start.
What does a business exit attorney do?
A business exit attorney represents you through every stage of selling your company, from pre-sale preparation through closing. This includes evaluating offers, negotiating the letter of intent and purchase agreement, managing due diligence requests, structuring protections against post-closing claims, and coordinating the closing itself.
How do I minimize my liability after selling my business?
Post-closing liability is one of the biggest concerns for sellers. Acquisition Stars negotiates tight limitations on your representations and warranties, caps on indemnification exposure, short survival periods, and basket and deductible structures that protect you from buyer claims after the sale closes.
How long does it take to sell a business?
From the time you accept a letter of intent, most deals close within 60 to 120 days. The full process, including pre-sale preparation and marketing, can take 6 to 12 months. Acquisition Stars keeps deals on schedule by responding quickly, anticipating issues, and pushing the process forward without unnecessary delays.
Why choose Acquisition Stars to represent me as a seller?
Managing Partner Alex Lubyansky personally handles every sell-side engagement, bringing 15+ years of exclusive M&A experience to your transaction. You are not handed off to a junior associate. You get experienced counsel with the personal attention and responsiveness that a deal of this importance deserves.
How do New York non-compete laws affect business exit & sell-side law transactions?
Enforceable if reasonable in scope, duration (typically 1-2 years), and geographic area. Courts apply a three-pronged reasonableness test from the BDO Seidman line of cases. Non-competes must protect a legitimate business interest such as trade secrets or client relationships, must not impose an undue hardship, and must not be harmful to the public. Courts will partially enforce (blue-pencil) overbroad covenants.
What are the New York tax considerations for a business exit?
New York imposes a corporate franchise tax with rates up to 7.25% on business income, plus alternative bases (capital, fixed dollar minimum). The state requires combined reporting for unitary groups. New York City imposes its own General Corporation Tax (8.85%) and Unincorporated Business Tax (4%) on businesses operating within the five boroughs.
Does New York have a bulk sales law that affects business acquisitions?
New York repealed its Bulk Sales Act (UCC Article 6), but buyers face successor liability risk under state tax law. The Department of Taxation and Finance can hold acquirers liable for a seller's unpaid taxes if proper tax clearance certificates (Form AU-196.10) are not obtained before closing.
What can I expect during an initial consultation in Great Neck?
During your confidential initial consultation in Great Neck, we'll discuss your business exit & sell-side law needs, review your current situation, assess potential challenges specific to New York, and outline a clear path forward. We'll explain our process, answer your questions, and determine if we're the right fit for your needs.
Do you work with companies outside of Great Neck?
Yes, we represent clients nationwide while maintaining a strong presence in Great Neck. Our managing partner handles business exit & sell-side law matters across all 50 states, coordinating with local counsel where state-specific requirements apply.

Need Specific Guidance?

Submit your transaction details for a preliminary assessment by our managing partner

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Ready to Discuss Your Great Neck Deal?

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Your information is kept strictly confidential and will never be shared. Privacy Policy

M&A Market: Great Neck & the New York Metro

New York is the undisputed capital of M&A deal-making, home to the largest concentration of investment banks, private equity firms, and corporate acquirers in the world. Lower middle-market deals in the $1M-$50M range are driven by professional services consolidation, healthcare practice roll-ups, and technology company acquisitions. The city's dense business ecosystem creates fierce competition for quality targets, with PE-backed platforms actively seeking add-on acquisitions across the tri-state area.

Top M&A Sectors Near Great Neck

  • Professional Services
  • Healthcare
  • Technology
  • Financial Services
  • Media & Entertainment

Deal Environment

New York's deal flow is the highest in the nation, but competition from well-capitalized PE firms means sellers often receive multiple offers. Buyers need experienced counsel to structure competitive bids while protecting their downside.

Why Acquire in the New York Area

The New York metro area has over 200,000 businesses with employees, creating one of the deepest acquisition target pools in the country. The region's talent density and infrastructure make post-acquisition integration smoother than most markets.

New York Legal Considerations

New York's Bulk Sales Act (UCC Article 6) has been repealed, but buyers must still conduct thorough due diligence on successor liability under state tax law, as the Department of Taxation can hold buyers liable for a seller's unpaid taxes.

New York Legal Considerations for Business Exit & Sell-Side Law

Non-Compete Laws

Enforceable with three-pronged reasonableness test

Filing Requirements

Entity mergers and conversions require filing with the New York Department of State. Tax clearance certificates are required for asset purchases (Form AU-196.10). New York City requires separate business filings for city-level taxes. Foreign entities must obtain authority to do business.

Key New York Considerations

  • New York City imposes its own General Corporation Tax (8.85%) and Unincorporated Business Tax (4%), effectively doubling the state-level tax burden for NYC-based businesses
  • Commercial rent tax applies to certain tenants in Manhattan below 96th Street, which can affect the valuation of acquired businesses with Manhattan leases
  • New York's Department of Financial Services (DFS) regulates financial services, insurance, and banking acquisitions with extensive review requirements

Attorney perspective on business exit attorney matters

Alex Lubyansky, Managing Partner at Acquisition Stars
"Sellers who wait until they have a buyer to think about legal structure end up leaving money on the table. The time to prepare for a sale is 12 to 18 months before you expect to close. Everything from tax structure to contract cleanup affects what a buyer will pay."
Alex Lubyansky, Managing Partner On pre-sale preparation timelines (Client engagement letter)

15+ years of M&A and securities transaction experience Managing Partner on every engagement Admitted in Michigan, practicing nationwide

Reviewed by Alex Lubyansky on . Read full bio

Ready to Talk About Your Great Neck Deal?

Alex Lubyansky handles every engagement personally. Tell us about your transaction and we will let you know if there is a fit.

Request Engagement Assessment

Submit transaction details for review. We engage selectively with capitalized buyers and sellers.

Your information is kept strictly confidential and will never be shared. Privacy Policy

One attorney on every deal. Nationwide. 15+ years of M&A experience.