Buying a Business  The Business Sale Agreement
A look at buying a business and the need of having a good business sale agreement drafted by a lawyer.
Michael Coyle
May 17, 2011
A look at buying a business and the need of having a good business sale agreement drafted by a lawyer.
Solicitors refer to this document as the SPA. It is the main agreement which dictates how the shares in the target company will be acquired. It can be a lengthy and ponderous document. We have known many SPA agreements to run to over 100 pages. Much of the document will consist of warranties.
Legally due diligence is the essential investigation prior to the parties negotiating and discussing the various warranties and indemnities in the agreement for the sale of the business.
Pretty much all contracts will contain warranties, we are often asked exactly what does this mean.
This note takes a brief look at why due diligence is done and what information is investigated.
The owner of a registered design may assign it by a written assignment which must be signed by, or on behalf of, the assignor. The
Licensing your intellectual property is one of the most effective ways of exploiting your intellectual property rights.
This articles looks at some of the benefits of using standard terms and conditions.