In Canada there are generally two ways in which one may purchase or sell a business – an asset deal or a share deal. An asset deal involves the sale of all or part of the company’s property interests. On the other hand, a share deal involves the sale of shares in the actual company.
Any disputes that arise during the purchase or sale of a business could be addressed in a number of ways. The initial concern should be to see any dispute resolution provisions in any agreements that may have been entered into by both parties for the purpose of the sale of the business in question. If no such agreements or provisions exist, there are options available beyond the court system. These normally include mediation, arbitration or a combination of the two aforementioned procedures.
How can Zeilikman Law help?
Zeilikman Law is a litigation firm and dispute resolution is our passion. We represent individuals and small and mid-size businesses that are involved in complex commercial and business disputes and are in need of help. Our practice is dedicated to legal representation in a broad range of business and commercial problems. Call us any time at 905-417-2227 or contact us by submitting an online request.