BUSINESS COMMERCIAL                     

Business acquisitions and lease agreements are complex transactions that require careful planning and legal scrutiny. It is advisable to seek legal advice to navigate the intricacies of these transactions and ensure that your interests are protected.

We can advise on the following:

1. Business Leases

2. Share Purchase Agreement (SPA)

3. Asset Purchase Agreement (APA)

4. Letter of Intent (LOI) or Heads of Terms (HOT)

5. Non-Disclosure Agreement (NDA)

6. Partnership Agreement

7. Lease Assignments

8. Transfer of Freehold Commercial Asset

9. Registration  and Application of Extended Company Charges at the Royal Courts of Justice​​

Types of Business Acquisition

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1. ​Asset Purchase: The buyer purchases specific assets and liabilities of the business. This can include equipment, inventory, contracts, and goodwill.

2. Share Purchase: The buyer purchases shares in the company, thereby acquiring ownership of the company and all its assets and liabilities.

We deal with the following:

1. Preparation: Identify the target business and conduct preliminary investigations.

2. Non-Disclosure Agreement (NDA): Protect confidential information shared during negotiations.

3. Letter of Intent (LOI) or Heads of Terms (HOT): Outline key terms of the deal, usually non-binding except for confidentiality and exclusivity.

4. Due Diligence: Thorough investigation into the business’s financials, contracts, employees, and legal matters to identify potential risks or liabilities.

5. Drafting the Purchase Agreement:

   1. Asset Purchase Agreement (APA): for asset purchases.

   2. Share Purchase Agreement (SPA): for share purchases.

6. Negotiation and Finalisation: Negotiate terms and make necessary amendments.

7. Disclosure Letter: Seller provides disclosures that qualify the warranties in the purchase agreement.

8. Completion: Payment of the purchase price and transfer of assets or shares.

9. Post-Completion Matters: Notify relevant authorities, such as Companies House and registration of debentures, and fulfill any post-completion obligations.