Stephen F. Later
Practice Areas
Mergers and Acquisitions
Corporate Governance (Business and Non-Profit)
Partnerships, Limited Liability Companies, and Joint Ventures
Community Associations
Corporate Finance and Loan Transactions
Stephen Later joined Robbins May & Rich LLP in 1999 and provides practical and solution-oriented counsel to clients throughout the Southeast in commercial lending, mergers and acquisitions, and general business and nonprofit corporate law.
He represents corporations, partnerships, limited liability companies, and other business associations in activities including entity selection and formation, governance, and dissolutions and creditors' rights. He advises clients in a range of acquisition techniques including asset sales, equity sales, private equity placements, and "blue sky" securities offerings. His nonprofit corporate practice includes extensive experience in formation of nonprofit entities, application for recognition of exemption, preservation of tax-exempt status and avoidance of sanctions, and solicitation registration. Mr. Later also represents community associations in residential and commercial projects and advises association directors in matters related to performance of their obligations, the preparation of association policies and procedures, and the enforcement of association documents. Mr. Later further advises employers in matters related to confidentiality agreements, non-competition agreements, employment contracts, employment discrimination, and employment terminations. As a lifelong horseman, Mr. Later also uses his corporate and transactional skills to assist equine professionals and organizations in matters including liability and risk management issues, boarding, training, and other service agreements, and lease and purchase agreements.
Mr. Later is a speaker at seminars and professional gatherings on issues related to business and nonprofit corporate governance. Counseling lenders, investors, and borrowers, he brings a breadth of experience to parties in financing transactions, and he understands how to craft innovative solutions to your business problems.
Education
Columbia University (A.B., cum laude, 1990)
University of Virginia (M.A., 1991)
University of North Carolina (J.D., cum laude, 1994)
Bar Admissions
State of North Carolina
District of Columbia
United States Supreme Court
Selected Professional and Civic Activities
- "Legislative Update on Business Law Section Bills, 2012 Business Law Institute, North Carolina Bar Association (February, 2012)"
- "Organizing and Operating a Corporation, 2012 Basics of Business Law, North Carolina Bar Association (May, 2012)"
- "Business Law Update, 2012 Annual Review, North Carolina Bar Association (October, 2012)"
- "Restoring the Benefit of the Bargain," Notes Bearing Interest (North Carolina Bar Association Business Law Section newsletter) (February, 2012)"
- "Traps for the Unwary in the Perfection of Security Interests in Quirky Collateral," Notes Bearing Interest (North Carolina Bar Association Business Law Section newsletter) (May, 2011)
- Organizing and Operating a Corporation, 2010 Basics of Business Law, North Carolina Bar Association (May, 2010)
- Best Practices in Nonprofit Corporate Governance, 2010 Business Law Institute, North Carolina Bar Association (February, 2010)
- Course Planner, 2010 Business Law Institute, North Carolina Bar Association
- Course Co-Planner, 2010 Business Law, Corporate Counsel and International Law and Practice Sections Joint Annual Meeting, North Carolina Bar Association
- "In re Disney: A Stroll Through Chancellor Chandler's Magic Kingdom," Notes Bearing Interest (North Carolina Bar Association Business Law Section newsletter) (April, 2009)
- Organizing and Operating a Corporation, 2008 Basics of Business Law, North Carolina Bar Association (May, 2008)
- "In Re Ehmann: Member's Bankruptcy Is No Fiesta for Remaining LLC Members," Notes Bearing Interest (North Carolina Bar Association Business Law Section newsletter) (June, 2007)
- "Use of the Annual Exclusion for Transfers of Interests in Family Entities," Tax Assessments (North Carolina Bar Association Tax Law Section newsletter) (May, 2004)
- Member, Business Law Council, North Carolina Bar Association (2006-2009; 2010-present)
- President, The Walthour-Moss Foundation (2011-present)
- Director, The Walthour-Moss Foundation (2004-present)
- Trustee, The O'Neal School (2010-present)
- Chairman, Moore County Chamber of Commerce (2005)
- Director, Angels for Moore (2004-present)
- Appointee, 2004 Presidential Rank Review Board, U.S. Office of Personnel Management
- Director, Carolina Horse Park Foundation (2004-present)
- Secretary, Carolina Horse Park Foundation (2010-present)
- Director, Carolina Performing Arts Center (2002-present)
- President, Moore County Community Foundation (2000-2005)
- Director, Moore County Community Foundation (2000-present)
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