In the course of business transactions related to the sale of equity or assets may arise. Whether to purchase the assets or the entity is an important initial decision. It may be preferential to a buyer to purchase only the assets as opposed to the entity itself to minimize the risks of acquiring undisclosed liabilities of the entity. When purchasing a business entity, a comprehensive agreement, such a stock purchase agreement is necessary to protect the respective rights of the parties.
Additionally, other agreements may be necessary in conjunction with the sale of a business interest such as shareholder agreements, non-compete agreements, confidentiality agreements, employment agreements, licensing agreements, personal guarantees, among others.
Mazis Law Group has represented both buyers and sellers in transactions involving asset purchase or entity purchase agreements in a variety of industries.