Why does a racehorse trainer need to establish an LLC or Corporation for running a racing stable? Creating this type of business structure keeps your personal finances separate from your business liabilities and provides flexibility that can save money and minimize taxes. Attorney James Towne will provide information on the formation and operational requirements of a business and will share the benefits that will best assure a successful business.
James T. Towne, Jr. has been representing individuals, businesses, municipalities and related entities for over 40 years, addressing and handling a range of matters including Equine and Racing and Gaming Law. Mr. Towne has been recognized professionally by appearing on the list of Upstate New York Super Lawyers for 17 consecutive years as well as being on the “Top 25” Hudson Valley Lawyers list. Appointed in 2012 by Governor Cuomo, Mr. Towne continues to serve as a member of the Franchise Oversight Board of the New York Racing Association (NYRA).
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