Buying or Selling a Business

Do I need a lawyer to buy or sell a business?

A business transfer creates obligations involving ownership, contracts, employees, real estate, licenses, taxes, debt, and liabilities. Counsel helps structure the deal, investigate risk, document the terms, and make sure the closing delivers what the client expects.

Asset sale or equity sale?

An asset transaction transfers selected assets and liabilities. An equity transaction transfers ownership of the company itself. The choice affects risk, taxes, consents, continuity, and documentation, so it should be evaluated with legal and tax advisers before the definitive agreement is drafted.

Due diligence

We help review organizational records, financial and tax materials, contracts, leases, licenses, claims, intellectual property, employment issues, liens, and other information relevant to value and risk.

Deal documents and closing

We draft or negotiate letters of intent, purchase agreements, disclosure schedules, bills of sale, assignments, restrictive covenants, escrow terms, promissory notes, and transition agreements, then coordinate the conditions needed to close.

Local transaction counsel

Younis Law Group represents buyers and sellers in Chicago and throughout Cook, DuPage, Lake, and Will Counties.