Chicago Transactional Lawyers
Chicago Commercial and M&A Lawyer
Motiva Business Law Offers
What is transactional law?
Can a transactional attorney help me?
Stock Purchase Agreement
Selling a business
When you are looking to expand your market presence through franchising or are interested in buying a franchise, a franchise law attorney can help both parties of the agreement to negotiate fair terms, ensure regulatory compliance, and handle additional contracts and documentation. The lawyer will write, review, and negotiate the FDD and franchise agreement to ensure the rights of the client are protected.
Why does your business need a transactional attorney?
- Make informed decisions: Before investing in a deal, ensure you understand the implications of the agreement and that the terms are written in your best interest.
- Have seamless business transactions: Leave no loose ends in your business transactions. A business attorney will ensure the documentation is complete so you can have a seamless transfer.
- Avoid disputes and legal issues: Transactions make you more vulnerable to lawsuits and disputes, but with a lawyer by your side, you will have procedures to avoid legal issues and confidently expand your operations.
Protect your transactions with our Corporate M&A Law Firm
Transactional Law FAQ
- Initial conversations: Contact the seller and express your interest in the business.
- Letter of Intent: With the help of an M&A attorney, sign the LOI, which will include the preliminary terms of the sale, such as the purchase price and structure of the deal. The LOI will show you’re committed to the purchase and you will respect the confidentiality of the deal. The seller will also commit to not accepting other purchase offers.
- Due diligence: Review financial records, contracts, assets, liabilities, operations, and other important aspects of the business to assess its value and potential risks. Make a business valuation of the company.
- Purchase agreement: Based on the business valuation and the due diligence process, the business attorney will negotiate the asset or stock purchase agreement, which will define the terms of the sale.
- Closing: After signing the required contracts and documentation, the funds are transferred and the period of transition starts to finalize the integration.