Business Purchase And Sale Agreement Disputes Solicitors

Our business purchase and sale agreement disputes specialists are here to help

Often, businesses are sold with clauses which stipulate future payments need to be paid to the seller, depending on how the business performs going forwards. These payments take into account financial targets in the first year(s) of business following the sale.

If you feel you have be placed in a similar position, feel free to contact us. We would be happy to discuss the details of your purchase and sale agreement dispute, and advise further on whether we would be able to act on your behalf.

What causes a business sale dispute to arise?

Business sale agreement disputes can sometimes arise based on the fulfilment or interpretation of these targets:

• If a business does not operate properly following on from its acquisition, leading to targets being missed
• If the buyers present business figures in such a way as to ensure targets are not hit, in order to avoid paying associated sums

Did the pandemic affect purchase and sale agreements?

This area of practice was particularly relevant in the wake of COVID-19 and the national lockdowns. Buyers looking to avoid paying additional fees looked to use the revenue lost during this time as evidence of a purchased business’ failures, and may have used this as an excuse not to make good on previously agreed terms of purchase.