Share and asset sales cover the sale of a company by transferring its shares or the sale of individual assets and business units. A solicitor in this area drafts and negotiates the sale and purchase agreement, conducts or coordinates due diligence, negotiates warranties and disclosures, and oversees completion mechanics including target representations, price mechanisms, and post-completion steps. They liaise with buyers, sellers, lenders, and advisers, ensure regulatory filings, and manage risk through indemnities, warranties, and completion accounts.
What a solicitor handles in these matters
The solicitor handles the provisions, structures, and interactions that determine risk and responsibility in a sale, including drafting the SPAs or asset sale agreements, negotiating warranties and indemnities, coordinating due diligence, and aligning price and completion mechanics with tax and Corporate law. They navigate post-completion adjustments, minority protections, and any integration issues that affect the seller and buyer alike.