Asset & Stock Purchases
BNR attorneys have been helping individuals and businesses purchase business assets for many years. We understand that each business transaction is unique. We also understand that asset purchases can be complex and can bring unexpected risks for potential sellers and buyers. BNR attorneys counsel business clients successfully through the asset purchase process to minimize their risk, time and money.
An asset purchase involves acquiring tangible or intangible business assets. A buyer also assumes any liabilities that come along with the asset purchase. BNR regularly represents both the buyers and sellers in asset purchases, helping to ensure they are protected from any unwarranted current or future liability.
We assist clients in a wide range of asset purchases including stockholder/shareholder interests, partnership interests, and purchase and sale of products, property or equipment.
Before finalizing a business asset property purchase, we assist the client with:
- Searching for liens that may exist on the property
- Verifying whether back taxes are owed to the state on the property
- Securing proof that tax returns have been properly filed for previous years, and that all debts have been resolved by the original property owners
- Contract review to help ensure that the best interests of the client are adequately protected
We routinely assist clients with drafting offers, letters of intent and purchase agreements. We also help negotiate and oversee the agreement, including assistance in the appraisal of assets and valuation of assets.