Wall Street bigwigs!

Chapter 10 Dazzling

A few minutes later, the four of them each ordered a cup of coffee, and Doug took out a thick stack of documents from his briefcase and neatly placed them on the table.

Uma sat on the far side like a ghost, occasionally sipping her coffee and quietly watching the three of them.

"This is the preliminary framework set up according to your requirements. Please take a look."

We have already marked the points that need attention above.

Morris opened the file and pushed it in front of Green.

"Of course, you can ask questions as you watch, and I will answer any questions you have on the spot."

Green spread out the documents; on the left were his requirements, and on the right were Green's current American business legal documents, which were very detailed.

The document begins with "Detailed Corporate Structure and Organizational Structure Plan for Financial Dual Entities".

Why is it said that in America, some meals can only be eaten by professional lawyers?

That thick business law, constantly being patched over the years, is so lengthy it makes your scalp tingle.

Lawyers not only need to be able to find the latest legal provisions quickly and accurately, but also need to have a clear mind and eloquent speech to explain the legal provisions and persuade judges and juries at crucial moments.

"You mean you want to register the company in Delaware? Why? I think New York would be fine."

To be honest, Green doesn't really know much about this.

When I consulted other lawyers before, I always felt that they were just looking to make a quick buck and then call it a day.

However, Green didn't know that as soon as he said this, Morris looked at his young face and became even more worried, subconsciously lowering Green's service level by one level.

"Mr. Walker, registering your entity in Delaware does not prevent you from operating in New York."

All you need is a simple "Offshore Operations Declaration".

Operating offshore exempts you from state corporate income tax, which can save you a significant amount of money each year.

Upon hearing Morris's words, Green immediately became serious. Exempting from state tax meant zero state tax, which would add up to a huge sum of money over time.

Fortunately, Morris's professional competence and work ethic set him apart, so he spoke slowly.

"Moreover, when registering in Delaware, only the information of the registered agent needs to be disclosed."

Information about key personnel such as shareholders and directors does not need to be publicly filed; only an internal register is required.

Green nodded in agreement. This point mainly states that Delaware values ​​privacy and that some things do not need to be disclosed to the public.

Seeing Green nod in agreement, Morris continued.

"Delaware has a very mature business law system and does an excellent job in protecting shareholder rights."

Furthermore, it is very convenient in terms of registration and subsequent maintenance, which can effectively reduce compliance costs.

Morris emphasized the word "compliance" and then scrutinized Green.

Green glanced at Morris and nodded in approval; a mature commercial legal system means flexible legal provisions.

What he values ​​most is compliance, which is extremely important when running a company in a capitalist country.

Even if it's just a fig leaf, it's still necessary.

Morris breathed a sigh of relief upon seeing Green's agreement.

He was most afraid of clients doing something outrageous in his area of ​​expertise, but he still gave Doug a slightly reproachful look.

This made Doug a little uncomfortable, and he subconsciously picked up his coffee, covered his eyes, and took a sip.

Morris also had his difficulties. Skadden was a large law firm with a nationwide presence. Although it had no shortage of commercial cases, the internal competition was also very fierce.

Morris's career is at a critical juncture these past few years. He is top-notch in his business, but to become a partner, performance matters.

Morris is currently lacking major clients, but he can't find any new ones in the short term.

So all we can do is keep taking on cases, hoping to use the "small streams converging into a river" approach to see if there's any chance to improve our performance.

At the same time, see if there is an opportunity to find large clients that match his goals from the smaller orders.

This resulted in Doug and his other assistants having extremely full schedules, spinning like tops every day.

But it was clear from his conversation with Green that Morris knew this deal wasn't worth taking a precious morning off his weekend to meet with him.

The reason Morris was willing to take on this business architecture project was because he valued the dual-entity architecture model that Green proposed during his discussions with Doug.

While this model isn't new, building a proper framework for it is a huge undertaking, but it can significantly boost his performance and reputation.

Now that I look at it, it looks a bit like undercooked rice. Should I eat it or not?

Everyone except Uma could feel the subtle atmosphere.

Green was such a clever man; he instantly sensed the change in atmosphere from Morris's expression.

Thinking of this, Green took out a file folder from his side, pulled out a profit settlement statement and transaction records for the past six months, and handed them over.

Doug reached out and took it first, but his pupils constricted slightly when he saw the settlement amount. He felt inexplicably excited, but also relieved.

Doug then handed the settlement statement to Morris, while he himself carefully examined the transaction details. After reading just a few pages, he almost wanted to quit his job and become a hanger-on for Green on the other side.

Morris noticed the change in Doug's expression and took the document with a puzzled look.

The string of zeros above the number 15000000 made him dizzy, and even his breathing became heavier.

Morris wasn't unfamiliar with these kinds of deals; he'd handled much larger ones.

However, such large deals are often handled by several teams within the law firm, and he can only be considered the person in charge of one of the projects.

But now the settlement slip handed to him by Green was in his hands, how could he not be excited?

If we can successfully complete Green's case, we can retain this valuable client at SATA LLP.

Morris could almost see the partner's chair beckoning to him from afar.

[I misjudged him!] Morris thought to himself.

With this settlement statement, Morris could indeed help Green complete the entire equity structure, if he so desired.

"I have two more such orders, one from Goldman Sachs and the other from Wells Fargo Securities."

Green elegantly picked up his coffee and took a small sip.

The meaning is self-evident: Morris, please provide the best and most professional service to me, your important client, or I will replace you.

Although Uma, sitting next to him, couldn't see the specific numbers on it, she knew it was a Merrill Lynch account settlement statement.

Moreover, judging from the excited expressions of those two elite lawyers and the fleeting string of zeros, even she, in her naiveté, knew what it meant.

When Uma heard Green say that he had two more such settlement statements from Goldman Sachs and Wells Fargo Securities, she unconsciously clenched her hands under her arm.

The veins on the back of his hand gleamed, and his fingers turned slightly white.

Fortunately, her acting was still on point, but she couldn't hide the burning gaze she gave Green.

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