Category Security Agreement
The Basics of Buying a Business
by Bryan Lane Berson, Esq. Anyone who considers buying a business should investigate it carefully enough to arrive at a sensible valuation. Prospective buyers should seek professional advice with regard to legal due diligence, documenting the purchase, and tax issues. A business purchase can take two basic forms – an entity purchase or asset purchase. […]
Security Agreements: Ensuring Payment with Collateral
by Bryan Lane Berson, Esq. One of the most important aspects of commerce is getting paid – promptly and in full. Security agreements are under-utilized devices that sellers can use to enforce their rights if buyers default on their obligations. (To clarify, here, “security” refers to collateral, not stock or protection.) Obviously, parties expect payment […]
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