Sherman Law Liberia

Contact Information

Liberia Address

R. Fole Sherman Law Building
17th Street & Chessman Avenue
PO Box 10-3218
1000 Monrovia 10
Sinkor, Monrovia, Liberia

Communicating with Sherman & Sherman
Website: www.shermalawliberia.com
Telephones
+231 777-552-946 – Roberta Parker
+231 886-552-946 – Roberta Parker
+231 5-552-946 -      Roberta Parker
+231 886-514-581 -  Samuel Brown
+231 777-514-581 – Samuel Brown
+231 5-514-581 -      Samuel Brown

Telefax
+ 231 77-059-632

Email Addresses
shermlawrl2@yahoo.com
shermanlawliberia@gmail.com
shermanlaw@shermanlawliberia.com
Note: The Yahoo! and Gmail addresses are preferred.


US Contact Address
11803 Backus Drive
Bowie, MD 20720-4464

US Telephones and Fax
+1 301-352-5476 (Phone)
+1 301- 412-4104 (Mobile)
+1 301-352-9657 (Fax)

 

Firm's News & Events

Corporation Law Practice Area

Sherman & Sherman provides legal services beginning with drafting and filing of articles of incorporation, preparing draft by-laws for the new corporation, and drafting minutes for the first organizational meeting, where officers are elected and the method and process for payment for shares initially subscribed to are decided.

The articles of incorporation or the membership agreement, being the governing instrument for the corporation or a limited liability company, as the case might be, must be carefully crafted; and Sherman & Sherman has extensive experience in this area of corporation law. For example, since most Liberian corporations are closed corporations, a concern that is almost always addressed is sale of shares inter vivos, indemnification of directors and officers, insurance for directors and officers, conditions under which the directors and officers may do business with the corporation, remedies in the event of frustration of the reasonable expectation of the shareholder, and remedies in the event of deadlock. Methods of settlement of dispute alternative to litigation is encouraged by Sherman & Sherman for these clients to avoid the cost and delay associated with litigation and the risk that a judge or jury just might not understand the complexity of the issues involved in the dispute.
Very often, to address the myriad of issues which could possibly arise from the management of a closed corporation, in addition to the articles of incorporation, Sherman & Sherman advises the shareholders of the newly formed corporation to enter into a memorandum of association, which would explicitly provide guidance for the disposition of common problems in corporate governance. The memorandum of association either postdates the articles of incorporation or is dated simultaneously with the articles of incorporation.Other issues of corporate governance and distributions (dividends), which cannot be completely covered by either the articles of incorporation, the memorandum of association or the by-laws are competently managed by Sherman & Sherman through continuous advisory opinions, consultations and mediation under the auspices of Sherman & Sherman. Clients are advised to take advantage of these services and avoid litigation.
Of course, there are times that alternative dispute settlement mechanisms don't work and Sherman & Sherman has to be in litigation on behalf of a corporation client or shareholders of a corporation. In such event, the firm relies extensively on the experience of its Managing Director and Senior Consulting Counsel, who have enormous knowledge of these issues either as practicing lawyers or teachers at the business school and the law school of the University of Liberia. 

Sherman & Sherman's corporation law practice also includes acquisitions and mergers of Liberian companies. The negotiation of the terms of the acquisition or merger agreement and the careful drafting of the terms, especially the financing of the transaction or other consideration for the transaction, are areas of corporation law that Sherman & Sherman has been involved in for years. Structuring these transactions and drafting the appropriate agreement to the satisfaction of the client and which would withstand attack on its binding effect and enforceability is a hallmark of Sherman & Sherman's practice. Alternative forms of business organizations is also an area in which Sherman & Sherman has experience. Very often, the client merely wants a corporation because of its limited liability feature. Sherman & Sherman now advises clients on the advantages and disadvantages of limited liability partnerships, limited liability companies, etc. so that the client would have additional options. The client's overwhelming concern for taxation has sometimes caused the client to change his mind about establishing a corporation and opting for an alternative business organization.
 

20th Anniversary of Sherman & Sherman 2009

Attorney-Client Relationship 20th Anniversary 2009

Attorney-Client Relationship 20th Anniversary 2011 and Paegar as Managing Director 10th Anniversary 2011

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