We believe transactions can often be undertaken in a simpler and less expensive way. In the field of transactional law, we can assist with, among other things, the acquisition and sale of companies and businesses, mergers, demergers, and the implementation of other structural changes in companies or corporate groups.
Whenever you are acquiring or merging with another business, you need to do your due diligence, to make sure the price and conditions of the transaction reflect the risk involved. If not, a transaction that seems attractive on paper may turn out to be the opposite, with clients terminating contracts, key personnel leaving, eviction from premises, or challenges involving public permits, licences or claims.
If owners are to work together on further development, the way ahead must be agreed, as must the steps that need to be taken should one or more of the owners fail to contribute. Or perhaps you or one of the other owners would prefer to draw a line, take the profit and move on to other interests — preferably without having to handle complaints and disputes that may drag on for years after a transaction.
Minutely detailed contracts and other documentation are becoming an increasingly important aspect of how lawyers handle transactions. This adds cost and is often unnecessary, especially in transactions between small and medium-sized businesses.
Here at Rime, we have done something about that. We assist in a wide range of transactions every year, and we are happy to help you streamline yours.