Sale / Purchase of a Business
If you are looking to sell or purchase a company (or its assets) Walker Rose Solicitors is here to advise, draft and guide you through the process from start to finish.
From the outset of discussions it is paramount that those selling a business seeks legal advice in relation to issuing non-disclosure and confidently documentation/agreements to the proposed purchasing party.
Walker Rose Solicitor can assist with -
Buyers have the right to look at the records, assets, and operations for a business before committing to purchasing or entering into a partnership. Depending on the transaction, buyers will instruct professionals to undertake due diligence. This often include accountants and lawyers. This includes an assessment of the following business records;
Financial - This should outline all financial aspects of the company (eg debts, profit/loss ledgers, and the accounts of any wholly owned subsidiary company).
Commercial - This will include a review of the commercial aspects relevant to the target such as market conditions, competitor analysis.
Operational -This should include a review of all of the company’s procedures, its location, inventories, suppliers, management structure, staff levels and skills, customer relations, and specific insurance.
Legal -This identifies any legal risks affecting rights or obligations of the target (eg ownership of property, equipment or vehicles, employment disputes, ongoing litigation, intellectual property, and client contracts)
Share Sale Agreements : are applied when the shares of a company are being sold rather than the assets of the company.
Asset Sale Agreements: are applied when the business of a company is being sold namely the assets (such a contract, employees, hardware, property) and undertakings and not the company (shares) itself.
Walker Rose Solicitors provides astute legal advice and the drafting of legal agreements, polices and documents to address your immediate and on-going business needs.
We can assist, negotiate and draft agreement terms with the co-founders, investors, employees, suppliers and customers.
We can assist whether you are a new start-up or an established business. We work for you to design ‘best practice’ doctrines ensuring and securing a smooth running and efficient workplace.
Walker Rose Solicitors provide sensible commercial legal advice and draft the agreements you need in place to reduce areas of dispute or at least provide a mechanism for the parties to resolve a dispute. We can help you grow and evolve safe in the knowledge that you, your business and your brand are protected and stand on a strong legal ground to move forward.
Our advice is always precise, resilient and affordable.
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Our mission is to provide businesses, and their owners, with quality legal assistance in the most cost effective way