Asset Purchase Agreements (APAs) are essential documents for asset sales, but they're far more complex than a simple transaction. We represented Solus Alternative Asset Management LP against GSO Capital Partners.You have only 30 days to respond, and your local agency can help you fill out the "Answer" form and file it with your county's Superior Court. Shop clause in the asset purchase agreement effectively precluded it from seeking other purchasers, seller sued buyer to compel it to close.