The fundamentals of Asset Purchase Agreements (APA). The basics: What is it, who signs it, and what are you selling.Asset purchases include acquiring seller assets under the terms and conditions outlined in the asset purchase agreement (APA). And Hong Kong King-Friend Industrial. Call - Danziger Shapiro, P.C. is dedicated to serving our clients with a range of legal services including Business and Corporate cases. Asset Purchase Agreements in Section 363 Sales Should Address Who Controls the Attorney-Client Privilege and Whether the Privilege Is Waived Post-Sale.