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- Product Labeling Law: ANSI, UL, CPSC - Some Thoughts for Product Importers and Distributors
- Buying a Car Wash In NY or NJ: Some Thoughts for Purchasers
- Buying a Gas Station or Car Wash you Need Landlord Consent - No Matter What the Lease Says
- $22 Million New York City Entrepreneur Fund Created for Starting Businesses in New York City
- Small Business Commercial Lease Agreements in New York: Limiting your Personal Guaranty may Not be Enough
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- "Must Use" Online Resources When Buying a Business or Franchise...
Posted on 1/13/2011
Library
Business Transactions
- CPSC Reporting Requirements: Knowing When to Report a Product Defect
- Three Things You Need to Remember About Your Product Warranties
- FTC's "Environmental" Marketing Rules: What Manufacturers, Distributors and Franchisors Need to Know
- Proposition 65: Information that Product Manufacturers and Distributors Need to Know
- Prop 65 Warning Requirements for Product Manufacturers and Distributors
"Stock sale" compared to "Asset Purchase Agreement".
A: When dealing with business purchase and sale transactions, a "stock sale" represents an alternative method for the acquisition of a business. Unlike an "asset purchase" a stock sale does not involve the transfer or sale of any business assets but rather involves the sale of the stock in the corporation (or limited liability company) that owns the underlying business and business assets. Although the vast majority of business purchase and sale transactions occur by way of "asset purchase agreements", "stock purchase agreements" are utilized in limited circumstances involving issues of taxation, regulatory compliance and licensing. For the purchaser of a business there are a number of liability and taxation issues that you must discuss and evaluate with your business lawyer.
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