The path a business follows throughout its existence never follows a straight line. There are twists and turns, major events and precarious situations. When things gets tough, it is imperative that those in charge of the business have a concrete plan in place to effectively manage and deal with those issues.
One common piece of business litigation is the merging of two companies, or when one company acquires another (or just assets from another). These are deals that are not going to happen overnight. Meticulous planning and hard work goes into these deals, and without the aid of an experienced attorney, the businesses involved could make a mistake or endanger the deal without even realizing it.
Another element to realize about mergers and acquisitions is that sometimes the merger and/or acquisition isn’t the only piece of litigation involved. Many companies that file for bankruptcy look for an exit strategy from their current financial woes. One of the ways of doing that is to have another company come in an purchase it. This just one example, but it is emblematic of a larger point: that the merger or acquisition isn’t always the only piece of litigation that needs to be handled.
At Lindhorst & Dreidame, we have helped many people and businesses all across Ohio with acquiring a new business, leasing equipment to a business, divesting from a business and adequately handling stock sales and purchases. The legalese behind these moves can be daunting, but we want to help you with your current situation.