Asset Purchase Transaction

Contact Neufeld Legal PC for corporate transactional and legal matters at 403-400-4092 / 905-616-8864 or Chris@NeufeldLegal.com

Assisting in acquiring the assets of a business corporation.

Acquiring merely the assets of a corporation, and not the corporate entity itself, is the premise for an asset purchase and sale. It is a process that strives to reduce the assumption of risks and liabilities, by attempting to acquire only specific components of the business. But in undertaking such a partial cleansing of the acquisition, there is invariably a reduction in the purchase price, as the risk has been reduced (as it is intended to remain with the vendor), yet the underlying work still awaits.

Although not necessarily with the frequency associated with share purchases, asset purchases can be quite complex and challenging, especially when they are allowed to become bogged down by differing perspectives and interpretations of the transaction's form and objectives. This can make the process and/or the results extremely expensive, especially when legal counsel is incapable of managing and navigating the process so as to effectively achieve the client's objectives. This is a critical element that is all too frequently in short supply, unless the lawyer has the capacity to understand business and transform theory into a workable and profitable reality.

When it comes to the legal component of corporate mergers & acquisitions, that is when the law firm of Neufeld Legal P.C. comes into play. Such that when your company is seeking knowledgeable and experienced legal representation in orchestrating and completing business mergers, acquisitions and divestitures, contact us at 403-400-4092 [Alberta], 905-616-8864 [Ontario] or Chris@NeufeldLegal.com.