|
Purchase & Sale of a Business
Different considerations apply to the purchase and sale of a business depending on the circumstances of each individual transaction. At the outset, we will advise you as to the considerations that apply to your situation. At the right time, we will perform the normal corporate searches, including corporate records, security searches, lists of employees, benefit programs, leases, etc. The results of these searches may influence the manner in which the transaction is handled. It is important that your lawyer is consulted early in the process in order to avoid potential problems from the outset. Decisions as to whether the transaction should be by way of the sale of assets or shares will be critical to a successful outcome for you.
Typically, the vendor will want to sell shares, while the purchaser will want to buy assets.
It is crucial to consider the tax implications of your transaction. We often work closely with your financial advisors in order to achieve the most beneficial tax consequences.
These are just some of the issues which typically arise during the course of the purchase and/or sale of a business. Depending on the nature of the business interests being transferred and the complexity of the issues involved, legal fees will vary.
Back to service list
|
