Open Exhibitions Ltd
David Edwards Managing Director
Advanced Construction Technologies UK Ltd
A C Benfield Chairman
Acquisitions and Disposals
An acquisition/disposal contract is an agreement, or series of agreements, that governs the acquisition by one party, and the disposal by another, of part or all of a business or entity. Though contracts can vary, they generally take the form of a company purchase contract or an asset purchase contract.
Why is it important?
Buying or selling a business or company can be a complicated process. Often, buyers and sellers of small and medium sized enterprises find that corporate lawyers are not cost effective for the size of their particular transaction.
The legal terminology used in documents required for acquisitions and disposals can be off-putting and disguise the risks associated with such transactions. What are warranties/indemnities? What is due diligence? What is a Disclosure Letter?
How will Claric Legal help
Claric can guide its clients through the process, explain in clear terms the terminology and the risks and draft documentation appropriate for the transaction. Claric can act on behalf of the purchaser or the seller and get involved as little or as much as you would like, so you keep control of the costs. Each transaction differs so feel free to contact Claric for a quote.
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