Companies are constantly changing, often through the purchase or sale of a business or a merger. The purchase or sale of a business is a multifaceted process with many potential risks and rewards. It is essential to have legal counsel for the process who are familiar not only with the relevant state and federal laws, but with your existing business, its needs, and your goals.
At Plachta, Murphy & Associates we take pride in our close working relationships with our business clients, including those involved in buying or selling a business. Taking the time to get to know our clients well enables us to offer them comprehensive legal guidance from the initial offer through negotiations, drafting of agreements, and the closing of the sale.
Transferring ownership of a business can be accomplished by transfer of one business' assets to the other, or by transferring ownership of the business entity itself. Plachta, Murphy & Associates' attorneys are experienced with both asset purchase agreements and stock sale agreements. We offer support and guidance regarding issues such as:
We believe that attention to detail in negotiating the transfer of a business and drafting business transfer documents limits the potential for unpleasant surprises or litigation in the future.
Plachta, Murphy & Associates is a full-service law firm with an emphasis on business and corporate law, including the sale and transfer of Michigan businesses. We believe that success develops from competence, and building strong relationships. We enjoy partnering with our business clients and helping them grow and succeed. We invite you to contact Plachta, Murphy & Associates to schedule a consultation with a member of our Business & Corporate Law team.