Stewart, Esten

The Law of Buying or Selling a Business

Buying or selling a business in Ontario, whether by way of purchase or sale of shares, or purchase or sale of assets, is a complex legal issue that requires professional business legal representation.

There are many potential liabilities in the acquisition of a business whether by share purchase or asset purchase which could result in either the buyer or the seller suffering loss after closing. As such it’s vital that you understand the current health of the business you’re considering buying or selling and have detailed agreements drawn up that protect the business buyer or seller. Failure to fully understand either the sale agreement, or the health of the business can have dire consequences.

Before entering into a purchase agreement, or even a letter of intent, have our expert business lawyer Anthony A. Peckham review and advise either the business buyer or seller and will help simplify the complex task of due diligence and documentation.

Contact us today for more information on how we can help with your business law needs.