Attorneys for Buying or Selling a Business
Businesses are bought and sold for many reasons. Merger, retirement, moving, children, health, new ideas….the reasons are as diverse as the types of businesses themselves.
Whether you are buying or selling a business one thing is universal: you want to limit your liability. If you are buying the business you want to make sure you are not on the hook for those things that came before you. If you are selling the business, you want to make sure you are not on the hook for things that happen after you are gone.
In either case, you will want the guidance and assistance of an experienced business attorney to help you get through the business succession process.
Here are just some of the tasks we perform for our business succession clients:
Negotiate and Draft Asset Purchase Agreement and Ancillary Agreements
Perform Due Diligence on Both Business Entities
Issue Attorney Opinion Letters
Manage Purchase Funds Through Escrow
Transfer Physical Assets
Transfer Intellectual property
Draft and Record State of Connecticut Documents
Fix Problems That Come Up