Acquiring specific business assets (equipment, inventory, contracts, intellectual property) while leaving liabilities with the selling corporation, allowing selective acquisition of desired components.

Due Diligence Process

Comprehensive review of asset values, conditions, encumbrances, and transferability including equipment appraisals, inventory assessments, and contract assignment rights.

Purchase Price Allocation

Determining fair market value for individual assets, goodwill calculations, and tax-efficient allocation for depreciation and capital gains treatment.

Asset Transfer Documentation

Preparing bills of sale, assignment agreements, and transfer documents for each asset category with proper warranties and representations.

Employee Transition Matters

Managing employment transfers under Employment Standards Act, benefit plan transitions, and union considerations in asset acquisitions.

Regulatory Approvals and Consents

Obtaining necessary licenses, permits, and third-party consents for asset transfers including regulatory body approvals and contract assignments.