Franchise Acquisition Lawyer in Louisiana

Acquisition Stars advises buyers and sellers on franchise acquisition lawyer matters across Louisiana.

Serving 11 markets across Louisiana. Alex Lubyansky on every engagement.

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Franchise Acquisition Lawyer Practice in Louisiana

Acquisition Stars advises buyers and sellers on franchise acquisition lawyer matters across Louisiana. Alex Lubyansky handles every engagement personally, bringing 15+ years of M&A experience to transactions of varying complexity, from lower-middle-market deals to multi-party structures. Louisiana has one of the most restrictive non-compete frameworks in the South, permitting restrictions only in specified areas (parishes) and for maximum two-year duration under a specific statute. Overbroad agreements are voided, not blue-penciled. Whether you are acquiring a business, selling a company you have built, or navigating a complex transaction, the firm's approach is the same: one experienced attorney on every deal, no handoffs to junior associates.

Louisiana Transaction Considerations

  • Louisiana is a civil law jurisdiction (not common law), meaning its contract and property law principles differ fundamentally from all other states. Acquisition agreements governed by Louisiana law require specific drafting considerations.
  • As a community property state, spousal consent ("concurrence") is required for the sale of community property, including business interests acquired during marriage
  • Louisiana's non-compete statute requires geographic restrictions to be identified by specific parish names, and failure to do so renders the entire covenant unenforceable

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Louisiana Legal Framework for Franchise Acquisition Law

Non-Compete Agreements

Enforceable under strict statutory requirements. Must specify parishes by name.

Enforceable under Louisiana Revised Statutes Section 23:921, but with strict statutory requirements. Non-competes must be in writing, must not exceed two years, and must specify the parishes (counties), municipalities, or parts thereof in which the restriction applies. Generic geographic descriptions are insufficient and will void the covenant.

Tax Considerations

Louisiana imposes a graduated corporate income tax with rates from 3.5% to 7.5%. As a community property state, spousal consent is required for the transfer of community property business assets. Louisiana's franchise tax on taxable capital has been phased out effective 2025. Louisiana uses a multi-factor apportionment formula.

Filing Requirements

Entity mergers and changes of control require filing with the Louisiana Secretary of State. Bulk sales notifications must be filed per the Bulk Transfer Law. Louisiana law requires that foreign entities qualify before doing business in the state.

Bulk Sales / Asset Purchases

Louisiana retains a Bulk Transfer Law under Louisiana Revised Statutes 9:2961-2968. Buyers of substantially all of a seller's assets must provide 10 days' notice to the Louisiana Secretary of State and to known creditors. Noncompliance can allow creditors to void the transfer within six months.

Franchise Acquisition Lawyer in Louisiana: Frequently Asked Questions

Does Acquisition Stars handle franchise acquisition law matters throughout Louisiana?

Yes. Acquisition Stars is a nationwide M&A and securities law firm. Alex Lubyansky represents clients in Louisiana directly, handling every engagement personally without delegating to junior attorneys. We work with clients in every major metro and smaller markets throughout the state.

How do Louisiana non-compete laws affect business acquisitions and sales?

Enforceable under Louisiana Revised Statutes Section 23:921, but with strict statutory requirements. Non-competes must be in writing, must not exceed two years, and must specify the parishes (counties), municipalities, or parts thereof in which the restriction applies. Generic geographic descriptions are insufficient and will void the covenant.

What are the key Louisiana tax considerations in a business transaction?

Louisiana imposes a graduated corporate income tax with rates from 3.5% to 7.5%. As a community property state, spousal consent is required for the transfer of community property business assets. Louisiana's franchise tax on taxable capital has been phased out effective 2025. Louisiana uses a multi-factor apportionment formula.

Does Louisiana have a Bulk Sales Act that affects asset purchases?

Louisiana retains a Bulk Transfer Law under Louisiana Revised Statutes 9:2961-2968. Buyers of substantially all of a seller's assets must provide 10 days' notice to the Louisiana Secretary of State and to known creditors. Noncompliance can allow creditors to void the transfer within six months.

What should Louisiana business owners look for in an M&A attorney?

Look for an attorney with genuine transaction experience, not just corporate formation work. Verify that the attorney has handled deals similar in size and structure to yours. In Louisiana, confirm the attorney understands state-specific issues including Louisiana's non-compete framework, successor liability rules, and any industry-specific regulations. At Acquisition Stars, Alex Lubyansky personally handles every engagement, which means you get direct access to the same attorney from letter of intent through closing.

Ready to Discuss Your Louisiana Deal?

Alex Lubyansky handles every franchise acquisition law engagement personally.

15+ years of M&A experience. Nationwide practice. 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

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