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This area covers buying or selling businesses that are distressed or insolvent, including assets of companies facing administration, liquidation or other insolvency procedures. A solicitor here identifies and values the business, negotiates terms, and drafts or reviews the necessary contracts, asset purchase agreements, and warranties. They coordinate with insolvency practitioners, office holders, and creditors to ensure a commercially sound deal and protect the client’s position as a purchaser or vendor through the process of sale, consent, and transfer of ownership.
The solicitor handles due diligence on distressed assets, negotiates terms and warranties, manages pre-pack or negotiated sales, drafts asset purchase agreements, coordinates with administrators or liquidators, and liaises with creditors and the purchaser’s financing team to secure title and enforce warranties; they also advise on risk allocation, post-completion liabilities, and any regulatory or competition considerations relevant to the sale.
You searched for Sales and Purchases of Distressed / Insolvent Businesses specialists. Here are related areas of law to help you narrow down your results.
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Tagged solicitors Ercen Hao and Sajjad Hussain
It has been a pleasure working with Ercen Hao and Sajjad Hussain on the Innovation Founder program - it was smooth and swift!
Review left by Bosco Lee
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Tagged solicitor Scott Harding
Really impressed with the service and professionalism at Poole Alcock. Initially dealt with Scott Harding to help me and my business partner set up our first venture. Made everything nice and simple, and most importantly, cut through the jargon. Thanks for all your help
Review left by Mr
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Tagged solicitor Debbie Coyne
As a growing business we were met with a particularly troublesome legal predicament which overwhelmed us at first. Debbie's reassurance and professionalism told us where we stood and advised us on the best methods to move forward. Throughout the process, updates were frequent and thorough. Even times when Debbie was out of the office, the team at Slater Heelis were able to pick up the baton, ensuring a smooth and uninterrupted process. Would definitely recommend and will certainly use again in future.
Review left by Anonymous
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Tagged solicitors Andrew Lancaster and Jeffrey Myers
I have bought and sold businesses several times, and throughout every transaction, Levi Solicitors have been there to provide expert advice, guidance, and support. Their team consistently works efficiently, professionally, and with great attention to detail. A special thank you to Jeffrey and Andrew for their outstanding service. Their knowledge, responsiveness, and dedication made the entire process much smoother and gave me confidence every step of the way. If you are looking for professional and reliable solicitors, I highly recommend Levi Solicitors. They are a strong and experienced team that truly stands out in the business and commercial sector
Review left by Wang
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Tagged solicitor Mohammed Rahman
We cannot thank Mohammed enough for the incredible work he put into getting the sale of our business completed. From start to finish, he worked tirelessly, always staying one step ahead and keeping everything running smoothly. What truly stood out was his dedication. he went above and beyond, even working after hours to make sure nothing was delayed. His professionalism, attention to detail, and clear communication gave us complete confidence throughout what could have been a very stressful process. Simply the best. We are extremely grateful and would highly recommend Mohammed to anyone needing a solicitor who genuinely cares about getting the job done right.
Review left by Mr Uddin
