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Asset Purchase Agreement - More Complex

Asset Purchase Buy For Business In Philadelphia

Category:

Small Business - Business Sale

State:

Multi-State

County:

Philadelphia

Control #:

US-00419

Format:

Instant download

Description

This form is an Asset Purchase Agreement. The seller agrees to sell to the buyer certain assets which are listed in the agreement. The form also provides that the buyer will not be responsible for any unfilled orders from the customers of the seller.

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In an asset purchase, only the assets of the business are purchased, not the liabilities. Below is a general due diligence checklist with the first 8 of 16 items to cover your bases in a business or asset purchase transaction.Call (215) 545-4830 - Danziger Shapiro, P.C. is dedicated to serving our clients with a range of legal services including Business and Corporate cases. Asset purchase agreements are a useful way to: Carve out certain assets of a business without taking on liabilities or debt obligations. The most important document in an asset deal is the Asset Purchase Agreement (the "APA"). In this article, I will discuss the key provisions of an APA. If you are purchasing or taking ownership of a business you will have to go through the same procedure as a new business. These steps include: If you are thinking about purchasing a business from someone, you should be aware of Pennsylvania's Bulk Sale Law. Before finalizing the purchase, it is advisable to form a new legal entity to acquire the business (Asset Purchase).

Asset Purchase Buy For Business In Philadelphia

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