By: David Slaby
The attorneys at Paule, Camazine & Blumenthal recently represented the seller in a multi-million dollar corporate sale of assets. As is frequently the case, this business transaction was very complex, involving multiple aspects and requiring a wide range of knowledge.
The Paule, Camazine & Blumenthal lawyers handled the initial “due diligence” information gathering stage, a critical component in early negotiations.
Our corporate group and tax group assessed the seller’s ultimate tax responsibilities by evaluating the proposed transaction structure and making necessary recommendations. We also negotiated the terms of the asset purchase agreement which requires meticulous attention to detail. The seller’s counsel often has to fight each step of the way to make sure the representations and warranties are not only fair, but are also appropriately limited.
In any corporate transaction, the business owner must have experienced counsel who is aware of tax implications based on the transaction at hand, while also evaluating prior workings of the business and considering potential future implications. Counsel must also be well organized to handle multiple issues concerning taxes, insurance, liability, financing, asset distribution, real estate, and all other issues involved in complex business transactions.
Paule, Camazine & Blumenthal’s corporate transaction team has handled many sales and mergers for both buyers and sellers. Our team includes two attorneys who are also certified public accountants, a valuable resource in assessing potential issues and finding the right answers.
If you have a complex business transaction on the horizon, we hope you will contact Paule, Camazine & Blumenthal to assist you.