Real Estate Lawyer Mississauga Ontario: Uncovering the Legal Part of Acquisition and Disposition

 In the modern business world, acquisition and disposition happen pretty often. The process involves buying and selling company assets and shares. In most situations, these two transactions happen at the same time. Due to the complex nature of the transaction, it is necessary to have a real estate lawyer Mississauga Ontario. Below are some of the major duties of a lawyer during this transaction.

Preparation for the Transaction

The lawyer will ensure that all corporate formalities are adhered to before and after the acquisition. Depending on the existing contract, the lawyer may have to initiate a termination of relationships with third parties, identify risks and mitigate them, and also deter attempts or occurrence of a hostile takeover.

Creating a Transaction Structure

At this point, the lawyer is expected to develop a viable plan that must be followed during the process. This involves creating an implementation checklist.

Legal Documents Drafting

It is the duty of every business and real estate lawyer Mississauga Ontario to prepare paperwork for their clients. In this case, these documents include exclusivity agreements, bills of sale, engagement letters, escrow agreements, transaction agreements, disclosure schedules, confidentiality agreements, warranties and covenants.

Following Due Diligence

Acquisition and disposition is a complex procedure. All parties involved must ensure that the transaction is handled within the confines of the law to prevent any legal action against them. The lawyer must ensure that all steps of the transaction conform to the company's by-laws and the uncountable government laws.

Negotiations and Conflict Resolution

A real estate lawyer Mississauga Ontario helps with negotiations in any business. In this case, they negotiate with the other company, employees coming on board and third parties such as lenders and suppliers. They also inform all parties of their rights and responsibilities, thus preventing conflicts.

Whether you have a problem valuing the assets at hand, handling employees of both companies, restructuring the business model, or creating synergy between the two entities, a lawyer will come in handy.