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Carl Lisman and Richard Kozlowski, both shareholders at Lisman Leckerling, advise clients on matters dealing with business transitions. Both attorneys have spent years working in corporate and real-estate law, giving them the experience needed to help clients plan for successful business transitions.

About Business Transitions

No business is immune to transition, whether it’s being sold, dissolved, or transferred to a family member. Planning for a successful business transition is key to avoid a “forced transition”—one that’s imposed upon you by an untimely event or unexpected circumstance. A forced transition can result in a loss of value, liquidation, or abandonment.

There are four common types of planned business transitions: Transitions to family members, transitions to key employees, third-party sales, and ESOPs, or employee stock-ownership plans. We can help you determine which transition plan makes the best sense for your business, and can also help you wade through questions about income taxes, financing, insurance, shareholder agreements, estate taxation, and other issues related to business transitions.

About Business Acquisitions

If you are thinking about purchasing a business, the initial stages of the negotiation are critical. A letter of intent, a memorandum of understanding, due diligence, and negotiation of the purchase agreement are critical to a successful business acquisition. We can help you avoid costly missteps.

For more information on business transitions, visit, or contact Carl at or Rick at You can also call 802-864-5756 and ask for either Carl or Rick.

The materials provided on this website are designed for general informational purposes only, and should not be relied or acted upon without first consulting a lawyer. The information provided on this website is not necessarily updated on a regular basis, and may not reflect recent changes in the law.

Viewing these materials does not constitute an attorney-client relationship.  Lisman Leckerling, P.C. did not produce and is not responsible for the contents of off-site legal resources.  The materials on this site may be considered advertising under various state ethics rules.

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Telephone: (802) 657-7225


Telephone: (802) 657-7235

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