Purchase & Sale of a Business

Looking to Purchase or Sell A Business?

We provide legal advice on all aspects of the Purchase & Sale of a Business.

Buying and selling a commercial business is a complicated process regardless of whether it is for the purchase of a large or small business. Our firm of business acquisition lawyers are committed to protecting your rights and interests as the purchaser or seller of a business in the Province of Ontario.

Purchasing or selling a business can be carried out by either the purchase of assets of a sole proprietorship, partnership or corporation or by way of the purchasing of shares of a corporation. The decision as to which method is appropriate for your needs requires considerable legal expertise, research and investigation. As your business lawyers, we can advise you as to whether purchasing/selling assets or purchasing/selling shares is the right vehicle for you.

Our law firm can guide you through the entire process from start to finish with respect to the purchase or sale of a business. Some of the advice we provide in every transaction is as follows:

  • Determining whether to purchase or sell assets or shares
  • Drafting and negotiating Asset Purchase Agreements
  • Drafting and negotiating Share Purchase Agreements
  • Due diligence with respect to business assets and liabilities
  • Advising on the purchaser’s corporate structure
  • Limiting personal liability for Vendors and Purchasers
  • Liability to employees or creditors
  • Vendor Indemnities
  • Non-Competition Agreements
  • Vendor Representations and Warranties
  • Transfer of Ontario Liquor Licenses and other licenses
  • Bank financing
  • HST Elections
  • Building, Fire and Health Code matters
  • Restaurant and food business liability
  • Software licensing and social media transfers
  • Assignment and assumption of Commercial Leases

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