Our commercial property solicitors deal with all aspects of asset purchase agreements (APAs) and can act for either buyers or sellers of commercial property. Included as part of intangibles that we purchased is key personnel valued at 300K.A stock and asset purchase agreement is a contract between the buyer and seller of a business that outlines the terms, conditions, and details. An asset sale can provide greater flexibility and reduced risk for the buyer, while a share sale can provide significant tax benefits to the seller. CAKE sues PIE in the appropriate court alleging breach of the Asset Purchase Agreement.