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UrduSales of Assets and Shares ? We can help.
Our Commercial Law Solicitors are here to help and advise you on a variety of commercial law matters, including sales of assets/shares, shareholder agreements, and confidentiality agreements. We are available over a phone call, email, or in person, whatever suits you.
If you’re considering selling/buying a business, a share or an asset sale is a viable solution. In a share sale, the buyer is buying the entire company, including its assets, liabilities, and responsibilities, whether or not the seller is aware of it. In an asset sale, the buyer buys the company’s assets. This purchase form is perceived as less risky by the buyer, making the agreement and transaction easier.
Our Commercial Business Solicitors deal with company sales and purchases and assist clients in acquiring or selling assets/shares in a business. Our professionals are aware of legal difficulties and business and personal issues, which are facets of these transactions.
How our Commercial Law Solicitors can help?
Our Commercial Law Solicitors at Solicitors INN have an in-depth knowledge of commercial law. Whether you have a new small business or a well-established organization, we offer customized legal solutions to your challenges. We provide comprehensive advice and representation on a wide range of commercial trading and business arrangements, including buying/selling a business, commercial contracts, liabilities, and joint ventures.
Heads of Agreement: In this document, those fundamental terms are set out on which the parties agree.
Other Considerations: When a buyer buys a company’s shares, they unintentionally inherit all the company’s assets and liabilities. Employees, any property the company owns, and if the company has ever been the subject of revenue or other regulatory inquiry are all factors to examine.
Non-Disclosure Agreement: After signing the Heads of Terms, the seller acquires a non-disclosure agreement or a confidentiality assurance from the buyer.
Due Diligence: Due Diligence refers to the process through which a buyer gathers all the information he wants about the company that assets or shares he is buying. The parties and their solicitors keep records of the Due Diligence documents and answers received, as they often refer to in the Disclosure Letter.
The Share Purchase Agreement (SPA): The first draft of the SPA is generally prepared by the buyer’s solicitor. This document is then sent to the seller’s solicitor for review.
The Warranties: These are a comprehensive list of assurances made by the seller about the company and its operations. If something goes wrong in the future, the buyer files a claim based on these warranties.
The Disclosure Letter: This document is signed by the seller. He lists issues that he is aware of that conflict with the warranties to qualify the warranty.
Limitation of the Seller’s Liability: The SPA includes clauses that limit the seller’s liability to the buyer in case of warranty violation.
Completion: The sale of the shares is often completed quickly after the SPA is signed. Most of the time, officers of the company getting sold resign, and new officers are elected at the completion meeting. All the records and documents of the company are transferred, and the money is paid.
We submit the applications along with all the required documentation and pieces of information on behalf of the client in time. We obtain updates and provide you with updates on your Commercial Law matters without any delay.
How to get started?
To book an initial consultation please fill in the form below and someone from our team will contact you as soon as possible. We’re here to answer your questions. If you prefer to contact us by phone then call us on 0203 500 8000 or email us at info@solicitorsinn.co.uk.
Why choose Solicitors’ Inn?
Our Commercial Law Solicitors can communicate with you in your own language. We can discuss your commercial law matters in Arabic, Chinese, English, French, German, Hindi, Pashto, Punjabi, Saraiki, Sindhi, Tamil, and Urdu. Talk to our Commercial Lawyers today to book an appointment.
