Business Failures Leading to Business Opportunities
One business’s failure can be another business’s opportunity. Assets of insolvent businesses frequently sell for a fraction of their going concern value, and this can be a bonanza for the right purchasers.
However, buying assets from a receiver or bankruptcy trustee can involve special risks and issues. The lawyers at Gehlen Dabbs work with purchasers and their solicitors to help them structure transactions that emphasize benefits and avoid pitfalls.
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