The sale of a business is a technical operation that requires the involvement of a lawyer to secure the transaction, guarantee its success and prevent any future disputes.
We are involved in both the drafting of deeds and in litigation, whether on behalf of the seller or the transferee of the business.
We intervene from one end of the transaction to the other, in the context of a partial or total sale of business assets:
– negotiation,
– in the analysis of the documents involved in the transfer (commercial lease, balance sheets, commercial contracts transferred, employees transferred, intellectual and industrial property rights transferred (patents, trademarks, software…)… )
– in drafting the deeds (letter of intent, drafting the preliminary sales agreement and the final deed of sale),
– administrative formalities (negotiations with the lessor, purging pre-emption rights, price escrow missions),
– post-sale formalities (registration of the deed at the tax office, publication in a legal gazette and BODACC, etc.).
The sale of a business may be accompanied by the negotiation of a new lease and the drafting of a new lease (when, for example, the term of the lease included in the sale of the business ends shortly after the sale, or when the business is to be extended or modified), which will result in the termination of the lease.