Purchase-sale of shares and assets

PSP Legal’s affiliated corporate lawyers will defend your interests and take charge of your share or asset purchase and sale agreement.

Expertise / Business Purchase-sale of shares and assets

Whether you’re a buyer in the process of acquiring a business, or a seller looking to dispose of shares or company assets, we’re here to help!

While many questions can be answered with the help of the guides, sample letters and forms in our legal toolkit, an independent jurist affiliated with PSP Legal will always be happy to help you by answering any questions you may have.

Of course, if you prefer to have an experienced practitioner take charge of your situation and intervene directly and quickly on your behalf, you can also request that one of the independent jurists affiliated with PSP Legal represent you by clicking here.


Share or asset purchase and sale agreement

Negotiating and concluding a buy-sell agreement is a major step in any sale of corporate assets or shares. By definition, a share or asset purchase and sale agreement is a private agreement between a seller holding shares issued by, or assets of, a company, and a buyer.

More specifically, a buy-sell agreement sets out the terms and conditions of a sale of a company’s assets or shares. This type of agreement is essential to anticipate and avoid a number of contentious situations.

For example, an agreement for the purchase and sale of shares or assets must contain the following information

  • The object of the transaction; the seller must therefore determine the consideration he wishes to obtain, and the buyer must establish the assets or shares he wishes to acquire;
  • Terms of payment: date, frequency, amount per payment, place of payment, interest rate and applicable guarantees;
  • Various clauses enabling the sale price to be adjusted in line with the company’s liabilities and assets;
  • Declarations by the buyer and seller;
  • All other relevant clauses, such as confidentiality, valuation, non-competition, non-solicitation and other clauses.

The conditions and restrictions surrounding share or asset purchase/sale transactions must be set out in the shareholder agreement, but are also governed by the Business Corporations Act


How we can help

Our legal toolkit includes a variety of online resources and links to templates and guides to help you better understand your obligations.

However, should the Legal Toolkit prove insufficient in your situation, you can obtain additional assistance by speaking with one of PSP Legal’s affiliated jurists:

Of course, if you prefer to have an experienced practitioner handle your situation, you can always request that one of the independent jurists affiliated with PSP Legal intervene on your behalf by clicking here. He or she will then be able to intervene directly and rapidly on your behalf by:

  • Preparing, negotiating and drafting applications, procedures or any other legal documents related to your situation;
  • Assisting and advising you on your legal rights and obligations;
  • Representing you before the courts when legal action is taken;
  • Guiding you through the choices available to you, leading to a fair and satisfactory solution.


PSP Legal, because you deserve expert advice!

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