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.
Business purchases and sales can be time intensive in due diligence, but you’re governed by the Purchase Contract. Make sure you have a business lawyer on your side to review the contract for your best interests before you sign. We will help you keep things simple. Contact Eko Law today.
Get experienced advice from Nickolas C. Ekonomides, P.A.
Business litigation is unlike any other litigation. You need an experienced Business Lawyer to help you navigate the years of records that can be relevant when a suit is filed. Commercial litigation can arise from and between:
Business litigation can affect corporations, limited liability companies, partnerships, and even a sole proprietorship.
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