Advice on Sale or Purchase of Jersey Businesses
Buying and selling a Jersey business can be a complicated process that involves a number of different legal issues and you really cannot afford to buy or sell a business without the assistance of a Jersey lawyer.
Here at Parslows Jersey, we draw on our experience in business sale and purchase transactions across a broad range of industries. We know what questions to ask you to ensure that the Business sale contract is watertight and considers all of the issues. Selling or buying a Jersey business is much more than ticking a few boxes and filing in a few forms. The consequences of not getting it right can be problematical and lead to disputes or financial loss.
Parslows Jersey business sale lawyers have skills across multiple legal areas. Experience is required in contract law, property law and employment law – at a minimum. Beyond the transfer of the lease or freehold, such matters of restraint of trade often require careful consideration. If employees are staying on, you’ll need to deal with them carefully to ensure you are not left with a huge pay out liability as a seller, or liability as a purchaser.
Whether it’s the sale of a large company or the purchase of a small family business, the needs are the same – focused lawyers who understand the issues and are attentive to your needs.
We have acted in most Jersey business sectors including:
Parslows, the Jersey law firm you can rely on.