Buying and Selling a Business: Annotated Precedents - Print

The acquisition precedents you need, from preliminary documentation to closing the deal

This publication is essential for: solicitors acting for purchasers, vendors, or lenders in business acquisitions

Current to: June 15, 2020 

Whether your transaction is an asset or share purchase, a business acquisition requires immense amounts of drafting. Save yourself time with Buying and Selling a Business: Annotated Precedents. With hundreds of pages of templates, this resource is annotated with concise commentary and includes sample asset and share purchase agreements, along with precedents for employment, escrow, assignment, and intellectual property contracts. Sample closings agendas and checklists will help keep your deal organized and on track.

With this resource, you will be able to:

• quickly draft acquisition documents that reflect current law and practice
  
• thoroughly understand the purpose of individual clauses and how to use them to serve your clients
  
• properly structure your client's deal and understand the most important negotiating points

Buy today and close your next deal more quickly! View a sample from this book!

Highlights of the 2020 Update include:

• new annotations on the concept of "sandbagging," as well as on the use of market trend surveys in M&A practice to assist in negotiating and drafting certain key—or controversial—terms of purchase and sale agreements
• addition of an annotated "material adverse effect" term, contemplating, among other things, COVID-19
• for share purchases, addition of terms regarding privilege and conflicts where vendor's counsel has acted, pre-closing, for both the vendor and the target company
• revisions to the closing procedures in the precedents for share purchase agreements, asset purchase agreements, and closing agendas, in order to accommodate electronic closings
• addition of an escrow agreement precedent for a fund of cash, which could be used, for example, for a purchase price holdback or fund for indemnity claims in a business acquisition transaction
• new commentary and sample clauses for earn-outs in purchase and sale agreements
• addition of two new annotated precedents for closing documents in business acquisition transactions: a form of release and a post-closing transitional services agreement

Discover all of our Business Law resources here

CLEBC Legal Editor
Edie Ryan
eryan@cle.bc.ca

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