California Business Lawyers
If you are selling or buying a business through a stock purchase, you are purchasing the entire business, including all of the corporation's outstanding shares of stock. In a stock purchase, the buyer steps into the shoes of the seller, and the operation of the business continues in an uninterrupted manner.
At Jacobs & Dodds, our attorneys have been providing business services for clients for more than 30 years. Making the decision to buy a business requires a thorough analysis of your financial situation to ensure that your personal and financial interests are protected. We are experienced in all aspects of the purchase or sale of a business and can assist you in determining the best strategy for your needs. To find out how we can provide legal guidance and direction for your corporate matters, contact us online today.
Do You Know What You Are Buying?
In a stock purchase, the seller will no longer have a continuing interest in, or obligation to, the business assets, liabilities or operations. This means that the buyer may purchase liabilities that they are not aware of. The buyer may be responsible for back taxes, debts or civil liabilities — even if the liabilities result from activity that occurred before they purchased the company.
If buying all of the stock of a corporation, a business lawyer at Jacobs & Dodds can research and inform you of the entire corporate history. We will perform due diligence to ensure awareness of all assumed liabilities. We will also draft protection in the contract to ensure that you are protected from future unknown liabilities.
Orange County Stock Purchase Attorneys
Contact Jacobs & Dodds for a free consultation with an experienced business law and transactions attorney or to speak with an experienced trial lawyer from our business law firm.
Free initial consultations • Phone calls always free • Extensive trial experience • Located next to John Wayne-Orange County Airport
