The purchase or sale of a business is a serious undertaking that needs to be done correctly the first time. Errors in judgment and sloppy work can be costly, so it is essential to have the advice of an experienced attorney who knows what to look for and how to structure the deal — so you emerge from the closing of the transaction with the financial benefit and control you seek and with your future legal risks minimized if possible.
If you are buying or selling a business, you can buy or sell stock in the company, or you can buy or sell the company’s assets. There are reasons for going each route. Either way, you should know exactly what you are buying or, if you are the seller, you should know what you will receive from the buyer, when and how you will be compensated, and what liabilities or problems you inherit. All these issues beg for thorough, intelligent legal counsel.
Extensive Experience Facilitating Smooth Purchases And Sales
At Lindquist Wood Edwards LLP in Dallas, Texas, we have extensive experience in facilitating smooth outcomes with regard to our clients and the purchase and sale of businesses. We can help you maximize your upside and reduce risk with regard to:
- Asset and stock purchase agreements
- Family businesses and closely held businesses
- The drafting and negotiation of contracts