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What is product liability law, and when is it applicable?

product liability law What is product liability law, and when is it applicable? Product Liability is a legal term that refers to a manufacturer’s, distributor’s, and/or seller’s culpability if a customer is harmed by a defective product. Manufacturers are not required to produce
Posted in Business Law, Business Planning, Buying and Selling of Businesses

The Structure of Private Acquisitions

Private Acquisitions_L The Structure of Private Acquisitions Many startups are founded with the end goal of being acquired, as it allows the founders to cash out after a short period of time. There are three primary forms of private acquisition structures: merger,
Posted in Business Planning, Buying and Selling of Businesses

Preparing for an Exit Transaction

Exit_Transaction_ L Preparing for an Exit Transaction Initial public offerings are becoming less common as startup founders are starting to look to exit their companies through acquisitions or asset sales. If a merger, acquisition, or asset sale seems likely for your business,
Posted in Business Law, Business Planning, Buying and Selling of Businesses

Tips for Selling a Business Successfully

Tips for Selling a Business Successfully Tips for Selling a Business Successfully Deciding to sell a business comes with risks and rewards. It can result in financial freedom for the business owner. In fact, many entrepreneurs start a business with the sole intent of cashing out
Posted in Buying and Selling of Businesses

Important Steps for Selling Your Business in California

Important Steps for Selling Your Business in California Important Steps for Selling Your Business in California Deciding to shutter a business can be motivated by many different factors. The plan may have always been to be sold, and closing the business was the goal from the beginning. Or
Posted in Buying and Selling of Businesses

Buying a Business

Buying a Business Buying a Business Buying a business is a complicated process that requires a lawyer. Lawyers with experience in California business sales have the skills to guide you through the process. Purchase agreements are usually made and presented by brokers, leaving
Posted in Buying and Selling of Businesses

Protecting Your Business with Business Lawyers

Protecting Your Business with Business Lawyers Protecting Your Business with Business Lawyers Business lawyers are some of the least publicized lawyers in the game. Their work is usually not portrayed in the movies or written about. Thus, the public does not have a comprehensive understanding of
Posted in Buying and Selling of Businesses

Reasonable Closing Costs

Reasonable Closing Costs Reasonable Closing Costs In a buyer’s market, you often find sellers lowering a price in order to get the deal closed. Nonetheless, potential buyers still require more concessions at closing. As a result, sellers continue to lower their price beyond
Posted in Buying and Selling of Businesses

Fundamentals of Contract for Sale of Business

Fundamentals of Sale Contract of  Business Fundamentals of Sale Contract of  Business Selling a business, as with any other business transaction, involves a series of steps that must be addressed. While considering these steps, one must also consider the risk for the parties involved in the
Posted in Business Law, Buying and Selling of Businesses

Sale of a Business

Sale of a Business Sale of a Business Starting and selling a business requires a deft decision making process that involves complex steps. When selling a business, the help and expertise of corporate lawyers help investigate tax liability, review contracts and accounts, and ensure
Posted in Buying and Selling of Businesses