Minimize Risks, Avoid Disputes And Properly Document Transactions For Optimal Protection
Brick Business Law, P.A., provides advice and counsel on structuring and negotiating transactions.
When a business is being sold or divided, the terms need to be clear. Working with seasoned business counsel can work to ensure that the represented parties interests are protected and the most advantageous and favorable outcomes are pursued. Proper structure and documentation of the transaction will ensure that all parties have a clear understanding of the terms and that potential disputes are preempted or avoided.
Providing Crucial Advocacy And Guidance
We provide services to buyers or sellers whereby we represent and advocate for one party with regard to providing advice, participating in pre-transaction negotiations and documenting the transaction with an effective contractual arrangement.
The most common “problem situations” we see are:
- The parties to a transaction download and use improper forms from online legal document companies.
- A “standard” broker or another contract is used that does not take into account the unique situations of the parties.
- Only one side has a lawyer.
- The parties draw up their own document.
- No documents are used.
As a firm that handles business litigation, we consistently see buyers or sellers of businesses who failed to properly document a transaction, or failed to include protections against certain issues, which leaves them in a position to have to litigate problems after the transaction has occurred. This issue occurs in numerous situations.