Whether you are considering buying or selling all or part of a business certain requirements will arise in any transaction.

From a legal perspective these can be summarised as follows:

• Establishing that the business is of value and has no hidden defects - commonly called "Due Diligence".
• Ensuring that the business' constitutional documents (articles of association for companies or partnership/LLP agreements) satisfy the requirements of seller and buyer.
• Establishing who is going to pay what, when and for what - essentially recording the agreement between buyer and seller (this is named differently depending on the type of transaction).
• Dealing with the complex details  - these will always depend on the nature of the business being dealt with.
• Dealing with relations in the future - whilst this is primarily a consideration in investment transactions, certain aspects of sales of complete businesses properly extend into the future.

VS&H lawyers have decades of experience in dealing with the documentation required to fulfill all of the above requirements.  See the more detailed pages following for more information on the detailed issues raised by these requirements.