Oklahoma Business Lawyers
Commercial law governs all aspects of business, including marketing, transactions, collections, and business organization. Specific ordinances and legal principles unique to Oklahoma govern the application of law to businesses. In Oklahoma, Commercial law is complex, and it includes principles that are very different from those that apply to individuals.
The Law of Transactions in Oklahoma
In daily operating activities, an usual business buys and sells often. Some of these transactions are bound to pose problems. Contracts in Oklahoma often require legal action to enforce, whether the contracts are formed with consumers or other businesses. It is best to plan beforehand through contracts and purchase agreements. But for these documents to be of legal effect, they must be drafted according to Oklahoma law. Federal and Oklahoma law also include provisions that apply to investing activities and securities exchanges conducted by corporations. These laws become important once business begins investing in the capital markets.
Business Organization and the Law
Oklahoma law outlines the options a business has in determining its structure and organization. Incorporation carries a set of unique advantages, but Oklahoma has its own guidelines regarding applications for incorporation, as do all other states. Proceeding without considering the options carefully may expose your business to tax liability that it otherwise could have avoided. The appropriate business structure for your company can be hard to determine. An attorney specialized in Oklahoma business law can help you find the right business form for your unique situation.
Interesting Facts About Oklahoma
Oklahoma is called the "Sooner state" and is one of the main producers of oil and natural gas in the U.S. Ohio's economy is one of the fastest growing in the nation and is supported by other major industries like energy and telecommunications. Oklahoma achieved statehood relatively late, being the 46th state to join to Union.
Oklahoma's legal court system is formed by the District Courts, appeals courts, and the Oklahoma Supreme Court. The state has a total of 77 District Courts. Oklahoma's appeal system is different from other states as there are two branches for appeals: the Court of Criminal Appeals and the Court of Civil Appeals. Oklahoma also maintains an Administrative Office of the Courts, which provides the courts with administrative services. There are a total of 39 Native American tribal governments in Oklahoma.
Oklahoma's legal profession benefits from the presence of major law schools in the state. Some of these include the law schools at Oklahoma City University, The University of Oklahoma, and the University of Tulsa. Oklahoma law schools train future lawyers in the particulars of Oklahoma law. Oklahoma is famous for court cases involving civil rights like the McLaurin case (1950), which laid the foundation for cases like Brown v. Board of Education.
Lawyers in Oklahoma are equipped to handle a wide range of legal claims and inquiries. Oklahoma lawyers have experience in dealing with the types of disputes that are unique to the state. Also, an Oklahoma attorney can provide advice on different legal matters.