Business Litigation

Business purchases and sales can be “asset sales” or “stock sales.” With asset sales, your corporation or limited liability company (“LLC”) will get a bill of sale for everything you buy and will own the customer list and goodwill of the business you are buying. With stock sales, you will own the stock of the company you are buying. As your Attorney, I can tell you that a stock deal can be dangerous because you will now stand in the shoes of that company and necessarily own all assets, liabilities, and commercial litigation existing or that may be coming for transactions well in the past.