This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Distressed Business Assets For Sale In Massachusetts
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State:
Multi-State
Control #:
US-00418
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Word;
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Local Liquidators is a full service liquidator in Massachusetts specializing in local onsite liquidation sales in markets all across the country. We provide liquidation services to corporations and small businesses nationwide.This update provides an overview of the Section 363 sales process and outlines key advantages and risks for prospective purchasers in distressed asset sales. A Massachusetts business attorney looks at the legal issues and practical concerns that come with buying or selling a company. Although Section 363 sales are quite common, some distressed companies are able to complete an asset sale outside of bankruptcy. Sales and Use Tax FACTS: A duly authorized trustee in bankruptcy liquidates all of the assets of a debtor retail furniture business. Distressed companies can offer equity purchases, acquihires, asset sales, or "ABC" or assignment for the benefit of creditors. Section 51: Sale or transfer of corporate assets; procedure.