“If you liked me as a vendor, you’ll love me as a competitor!” The importance of non-compete obligations in a sale of business contract

A standard inclusion in many sale of business contracts (or share sale agreements) is the promise of the vendor not to compete with the business post sale. Whilst, generally speaking, non-compete or restraint of trade obligations in employment contracts can be notoriously difficult to enforce, in the context of a sale of business there is [...]

2022-07-18T06:33:28+00:00July 18th, 2022|Business Advice|Comments Off on “If you liked me as a vendor, you’ll love me as a competitor!” The importance of non-compete obligations in a sale of business contract

I’ll take your business but not your problems! – The importance of understanding lease reinstatement obligations when purchasing a business

Buying an existing business can be an exciting but stressful process. Along with assuming the rights to exploit and grow an existing enterprise, the purchaser also assumes numerous obligations and liabilities. Apart from taking on the responsibility for employees, maintenance of assets and responsibility for ongoing management, part and parcel of the obligations assumed will [...]

2020-05-12T04:26:18+00:00April 29th, 2019|Business Advice, Contracts, Corporate Advisory|Comments Off on I’ll take your business but not your problems! – The importance of understanding lease reinstatement obligations when purchasing a business
Go to Top