A legal blog on private funds, startups, and venture capital.
A legal blog on private funds, startups, and venture capital.
Selling Your Business – Practical Tips for Sellers – Part 6: The Purchase Agreement
This is part six of our series discussing the sale of a business from the seller’s perspective. We’ve covered deal structure issues, seller financing, earn-outs, letters of intent, and due diligence. In this post, we’ll begin discussing the primary definitive deal…
Selling Your Business – Practical Tips for Sellers – Part 5: Due Diligence
This post was jointly written by Jennifer Wilson and Casey W. Riggs. This is the fifth in a series of posts discussing the sale of a business from the seller’s perspective. In the first four posts, we provided an introduction…
Selling Your Business – Practical Tips for Sellers – Part 4: Letters of Intent
This is the fourth in a series of posts discussing the sale of a business from the seller’s perspective. In the first three posts, we provided an introduction to this series and discussed asset versus stock sales, seller financing, and…
Selling Your Business – Practical Tips for Sellers – Part 3: Earn-outs
This is the third in a series of posts discussing the sale of a business from the seller’s perspective. In the first and second posts, we provided an introduction to this series and discussed the difference between asset and stock…
Selling Your Business – Practical Tips for Sellers – Part 2: Seller Financing
This is the second in a series of posts discussing the sale of a business from the seller’s perspective. In the first post here, we provided an introduction to this series and discussed the very basic consequences of structuring a…
Selling Your Business – Practical Tips for Sellers – Part 1: Introduction and Deal Structure
Introduction It’s time to cash out. You’ve reached retirement age or some other point in your life where you want to sell your business. Or perhaps your business has reached a point where you can’t take it any farther on…
Stock Options versus Stock Warrants – What’s the Difference?
I frequently hear clients and some of their advisers talk about “stock options” and “stock warrants” and there is often considerable confusion between the two. In this post, I’ll briefly describe the major distinctions between these instruments and how each…
Limited Liability Examined: Part 2 – When starting a new business, should you set up a corporation or LLC, or is purchasing insurance enough?
This post is the second in a series examining limited liability in the context of a new business. Previously, in the first post of this series, I provided a general overview of the different sources of liability, namely contract and…
Limited Liability Examined: Part 1 – Common Questions Related to Limited Liability in the Context of a New Business
Do I need an LLC or corporation for my new business or is it safe to operate as a sole proprietor? Is purchasing insurance enough protection? If I form a limited liability company or corporation, is it still possible that…