Jul 1, 2024 | Business & Corporate
There are two basic ways to sell a business: a stock deal or an asset deal. In a stock deal, the owners of the selling company sell their equity interests to the buyer, whereas in an asset deal the seller business entity sells all its assets to a buyer entity. After...
Jun 12, 2023 | Business & Corporate
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued its final rule on the reporting requirements of beneficial ownership information under the Corporate Transparency Act (CTA)* on September 29, 2022. The final rule will become...
Dec 21, 2022 | Business & Corporate
Planning makes all the difference. Leaving the vacation property to each of your children in equal shares, without addressing all of the complexities of co-ownership, maintenance costs and the potential for serious disputes among the owners is not a plan. Somebody...
Dec 15, 2021 | Business & Corporate
A buy-sell agreement provides for the orderly transition of a business when unforeseen events occur. Imagine a scenario in which there are two women who co-own a business. One of the owners unexpectedly passes away. A few months after the co-owner’s passing, the...
Jun 24, 2021 | Business & Corporate, Coronavirus and business
Whether a business sale is structured as an asset sale or a stock sale, the buyer usually requires that all existing debt of the target company be paid in full prior to or at the closing. At the height of the coronavirus pandemic many businesses took advantage of the...
