Ross Schneiderman and Steve Kaufman exclusively represented the seller and Peter Cukin represented the
purchaser in the transaction between Atlantis Worldwide (seller) and 761 Nepperhan Avenue (
purchaser).
Whether the contract creates a present obligation on the seller to execute and deliver a deed and a present obligation on the
purchaser to make payments;
Although receiving a license back, the original owner may be concerned that the license will be rejected in the event of insolvency of the
purchaser insurance company or that the
purchaser may dilute the value of the intellectual property by subsequent assignments, sublicensing and public disclosure.
Historically, the asset purchase agreement did control what liabilities a
purchaser would assume.
For those taxpayers who sell part of a foreign affiliate with the intention of retaining some interest in the
purchaser or the business, the rules may be so restrictive that the taxpayer may never be able to access the surplus associated with the sale.
First, the
purchaser should conduct critical due diligence of the facility in an effort to learn as much as possible about its existing and potential liabilities.
Ordinarily, sellers would require the
purchaser to indemnify them for any U.
A break-up fee is a sum of money that the estate commits to pay to the proposed
purchaser if the court does not approve the
purchaser's offer.
In either case, the
purchaser may not be controlled by any officers, shareholders, or employees of the seller and the sale must be at arm's length.
When purchasing a firearm, each
purchaser must complete the ATF Firearms Transaction Record, which provides the information licensees use to verify that an individual can legally buy a firearm and enables law enforcement officers to track firearm purchases.
Casting
purchasers are the sort likely regarded with lukewarm feelings by foundrymen, who feel the price pressure even as they read about their customer's profits in the newspaper business sections.
Once it becomes apparent to both the
purchaser and accountant why things are done by each professional," said Carter, "then they are able to negotiate a set of procedure that are suitable for both.
