Stock Purchase Closings - Business Law | John T. Mroczko, PC Attorneys at Law

Stock Purchase Closings

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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. Stock Purchase

Our attorneys have been providing business services for clients for 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.

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, our attorneys 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.

Contact our law firm today at 770-386-8564 to schedule your free initial consultation.