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Asset Sales
Selling assets is different to buying a company or an entire business.
When you are selling the assets of a company the buyer can pick and chose what they want to buy. For example they might only want to buy:
- your machinery
- your stock
- your existing contracts
They will usually not be taking on any of your business’ liabilities.
The buyer will however want to make sure that:
- the assets correspond to what you have told them
- the value of the asset is what you say it is
- if they are buying machinery that it is in working order
At Hart Brown our specialists will guide you through the process. We will help you deal with the due diligence which the buyer will want to carry out and make sure that you respond in a way which does not expose you to a possible claim at a later date.
To speak to someone who can advise on asset sales or any other legal matters relating to your business call, email or request a call back from one of our specialist lawyers.