Business Sales & the Disposal of Assets - A Practical Introduction

Introduction

This webinar offers a useful overview of business acquisitions where only assets are being disposed of and will assist lawyers, accountants and directors provide better and more commercially aware advice to clients required to raise finance for their companies.

The session is also suitable for those with a working knowledge of the subject, but who would derive benefit from a refresher or a degree of up-skilling.

What You Will Learn

This webinar will cover the following:

• Asset sale v share sale - what’s the difference?
• Advantages and disadvantages of an asset sale
• The process:
• Due diligence questionnaire
• Exclusivity agreement
• Confidentiality agreement
• Heads of terms
• Asset purchase agreement
• Typical warranties and indemnities
• Documents list
• Board minutes
• Logistical issues (assets, properties and individual contracts that require third party consents and the implications for confidentiality)
• Requirement to release securities
• Implications of TUPE
• Tax implications for buyers and sellers (including CT, VAT, LBTT, SDLT and LTT)
• Tax reliefs available

This webinar was recorded on 16th May 2024

You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email [email protected] for more details.