Put it in writinG
There are few circumstances that parties to an agreement should not create a permanent record of the parties' understanding as to the terms of an agreement, i.e., parties should usually memorialize an agreement in writing and sign the agreement.
Joe Utzurrum is also a licensed solicitor in England and Wales having passed the bar exam in November 2009. With the addition of experience in completing high value transactions both domestically and overseas, his office has the unique capability of advising clients in transactions that involve the application of U.S. law and the laws of England and Wales. Since England and Wales are Common Law legal systems and membership on the Rolls of The Law Society has worldwide recognition, Mr. Utzurrum may also secure expedited certification in many of the other forty-five common law jurisdictions. Clients would avoid having to search, engage and pay for solicitors fees in other jurisdictions, including:
Alberta, Bahamas, Barbados, Belize, Bermuda, British Columbia, British Virgin Islands, Cayman Islands, Dominica, Grenada, Guyana, Hong Kong, India, Isle of Man, Israel, Jamaica, Manitoba, Montserrat, New Brunswick, Newfoundland, New South Wales, Northern Territory, North West Territory, Nova Scotia, Ontario, Papua New Guinea, Prince Edward Island, Saskatchewan, Singapore, South Africa, South Australia, St. Lucia, St. Kitts and Nevis, St Vincent, Grenadines, Trinidad and Tobago, Turks and Caicos, Victoria, Western Australia, Yukon Territory and Zambia.
In most other countries, completing transactions and setting up entities to acquire assets and merge organizations requires the use and payment of local solicitors. Retaining Utzurrum Law Offices may permit clients to save thousands of dollars in organizational and transactional fees while maintaining necessary knowledge and expertise in complex multi-jurisdictional transactions.
Acquiring assets of a business involves varying degrees of legal and tax analysis. The structure of the transaction is dependent on the composition of the purchasing business and the target company(ies) and/or the assets to be acquired. Due consideration must be given to retained employees, the type of business(es) purchased and sold, non-competition agreements, tax consequences, etc.
Generally, the transaction(s) can take the form of a stock purchase, an asset purchase, statutory merger, forward triangular merger, reverse triangular merger, etc. Each transaction differs in resulting legal and tax liabilities.