At Reddy Law Firm, our business law attorneys
are available to provide legal advice regarding the buying or selling of a business. When buying a business, it is essential to determine whether the client wants to buy only the assets (“asset sale”) in order to minimize liability and cut off claims by creditors; or if the client wants to buy the entire company (“stock purchase” or “merger”) in order to preserve valuable relationships that might already exist with third parties and which is essential for the success of the business. When selling a business, it is important to ensure that after the sale, liability is cut off for any actions occurring after the closing date.
Our attorneys are experienced in preparing purchase and sale agreements and all other documents necessary for the transaction to be completed. The transaction may require the assignment of various leases and contracts, non-competition agreements, non-disclosure or confidentiality agreements, license agreements, joint venture agreements and any number of other agreements to ensure the success of your transaction. Our attorneys are experienced in identifying and advising of possible issues, potential risks, due diligence, financing, appraisals, inspections, surveys, representations and warranties, existing liabilities, etc… At Reddy Law Firm, we strive to make the buying and selling of a business a smooth and efficient process.
If you have a question regarding business transactions, contact
the Terre Haute attorneys of the Reddy Law Firm today at 812-645-0291
to schedule a consultation.