#1 Asset & Purchase Agreements Attorneys in Parsippany, NJ
At the Parsippany, New Jersey Law Offices of James C. DeZao, P.A. Attorneys
at Law we are experienced in all aspects of corporate law.
Asset & Purchase Agreements
Asset and Stock Purchase Agreements
In the State of New Jersey, asset purchase agreements are a form of business
sale in which, instead of buying the stock of a company, a buyer instead
purchases specific assets of that company and assumes specific legal and
business liabilities. Several unique issues can arise during this type
of purchase agreement, including inventory, accounts receivable and payable,
asset conditional issues and premises leases which must be addressed.
In a stock purchase agreement, the purchaser buys the shares from the shareholders
of the company. Purchasing stock is usually preferable for purchasers,
as it helps limit their tax and legal liability issues.
Non-Competition Agreements
During the drafting of an asset or stock purchase agreement, the purchaser
often will require a provision prohibiting the seller from competing,
either directly or indirectly, with the purchaser once they finalize the
deal. While courts in New Jersey mandate such requirements to have reasonableness
with regards to the duration and limitations of such agreements, both
parties must determine their exact nature.
Asset Purchase and Sale Agreement Drafting Services
Purchasing agreements are legally binding and can either be simple or complicated,
depending on the number of assets and any relevant liabilities. The Law
Offices of James C. Dezao understands the importance of negotiating an
asset purchase and sales agreement. We will draft a contract that reflects
your best interests and will work diligently to ensure your business interests
are protected in every way. Arranging for full disclosure of appraisals
will protect your investment or help you get the most for the assets you
agree to buy or sell.
Beyond drafting services, the Law Offices of James C. Dezao is here to
advise your business on a wide array of issues related to sale and purchase
agreements, including:
- Practical business and financial issues related to your transaction.
- Employment contingency issues after the purchase or sale is finalized.
- Discovering any liens or other liability issues.
- Advising on local or state laws relevant to your proposed purchase or sale.
- Compensation or earn-outs for sellers.
To learn more about our extensive array of business legal services, call
the Law Offices of James C. DeZao today for a free consultation.
Experienced New Jersey Business Attorneys
Because of what is at stake, the business lawyers at The Law Office of
James C. Dezao will give your situation the time and personal attention
needed. The process of acquiring or selling a business can be stressful
and overwhelming – even for the most experienced business professionals.
With our help, you can feel confident your interests are protected, and
that your transaction will be completed in a manner that is both fair
and timely. Let our experienced and knowledgeable legal team be the advocates
you need in your corner when you are involved with an asset purchase and
sales agreement.
Contact the Law Offices of James C. DeZao today at (973) 358-6134 for
your free consultation.
