Calgary Company
Corporate Business Law

Starting a Company

Business Incorporation

Shareholders Agreement

Buying a Company

Due Diligence

Asset Purchase

Share Purchase

Selling a Company

Legal Management

Contractual Arrangements

Expanding the Company

Joint Venture / Partnership

 

 

SELLING A COMPANY

Selling your company, whether in its entirety or a division or assets thereof, is rarely a straightforward process that is devoid of legal and practical business challenges and problems. Corporate divestitures tend to be chalk full of challenges when the business owners are seeking to get the best price for what is being sold and exit that particular aspect of the corporate world that limits, if not eliminates, any subsequent legal exposure.

As such, it imperative that the appropriate professionals, including legal counsel, are engaged early in the business sale / divestiture process (generally, very well in advance of when business owners typically would consider 'bring in' the lawyers - as postponing the lawyer's involvement typically doesn't save money, but results in the ownership losing money, where the appropriate lawyers are retained).

Optimizing Sale Price - Early engagement of legal counsel, when there is but the consideration of selling the business, can be extremely important in optimizing the sale price, where it is possible to identify such opportunities.

Finding the Appropriate Buyer - Having an attractive business for sale is but half the challenge, as there remains the issue of finding the right buyer and having a deal structure that doesn't leave you 'high and dry' when the buyer fails to follow through.

Completing the Deal - Getting to completion can be a challenge, especially when forces out of your control impact the prospect of the transaction closing, and yet these matters need to be effectively dealt with if the objective goal is to be realized.

Throughout this process, experienced legal counsel plays a substantive role in assisting and guiding the company's leadership with the effective pursuit and implementation of its business objectives. Such experience is the hallmark of the legal practice of Christopher Neufeld of Neufeld Legal P.C., with our legal practice being focused upon corporate matters that would assist in the advancement of Calgary companies. To learn more about how we can be of assistance to your company's progress or to schedule a meeting, contact us at 403-400-4092 or Chris@CalgaryBusinessLawyer.ca.

Making a commitment to providing effective legal services to corporate leadership through the various phases of a company's existence, from its inception through its operational management and engagement in key strategic moves to the purchase and sale of the company (mergers, acquisitions and divestitures). What we strive to provide is the legal insight and direction that comes from years of working with a multitude of corporations, sole propreitorships and partnerships in advancing their business objectives. Our mailing address is Neufeld Legal P.C., 144 - 4th Avenue SW, Suite 1600, Calgary, Alberta T2P 3N4. Legal Disclaimer. Privacy Policy. © 2013.