Asset and share sales and acquisitions

Armitage Sykes has a long and first class reputation for the provision of sound legal advice in relation to the purchase of shares and assets of businesses.  For more than 100 years the Firm has provided advice to owner-managed businesses of all shapes and sizes.

When buying assets or shares the principle of "caveat emptor” applies.  This means "let the buyer beware”.  In the absence of any written representations, warranties or indemnities a buyer will have no protection against claims over the assets or shares which he acquires.  The acquisition process usually involves both legal and financial due diligence, coupled with an agreement in which the seller gives certain representations and warranties to the buyer.  If those representations and warranties prove to be incorrect then the buyer will be left with a remedy (usually damages) to compensate him for any loss which he may suffer.

Whilst the skeleton structure for most asset and share sales is similar, different problems will be encountered in each case. 

The Company Commercial Team at Armitage Sykes have a combined experience of over 50 years of providing advice in these areas. 

Please contact Robert Turner or, if he should not be available, Chris Blantern.