A legal blog on private funds, startups, and venture capital.
A legal blog on private funds, startups, and venture capital.
This is the second in a series of posts discussing the sale of a business from the seller’s perspective. In the first post here, we provided an introduction to this series and discussed the very basic consequences of structuring a…
Introduction It’s time to cash out. You’ve reached retirement age or some other point in your life where you want to sell your business. Or perhaps your business has reached a point where you can’t take it any farther on…
Let’s say you’re buying a business. As a condition to receiving more information, you are required to sign a nondisclosure agreement that contains all of the usual blather. You then start to sift through the mountains of information provided (and…
Lawyers handle a wide variety of transactions for our business clients, including M&A deals, venture capital financings, and real estate matters, and frequently they aren’t pulled into a deal by the client until a letter of intent (otherwise known as…
Previously, I wrote about the need for the purchaser of a business to conduct due diligence on its prospective acquisition target. As I discussed, due diligence on a business can be split into three sections: legal, financial, and operational. This…
