Minimising the risks of acquisitions

Buying any business enterprise can be a time consuming and risky endeavour. Under English Law there are no automatic projection rights for a purchaser, as the “caveat emptor” (let the buyer beware) principle applies. It is possible for a purchaser to inherit litigation, warranty claims, tax liabilities and other commercial risks relating to activities carried on in earlier periods as well as some that can crystallise after the business has been acquired. Purchasers must therefore restrict liabilities to those that are known and quantified at the time of acquisition. This will ensure that the price paid for the enterprise fully reflects anticipated liabilities.

Speaker: Directors of Devonshire Corporate Finance Ltd

Venue: Devonshire House, 60 Goswell Road, London, EC1M 7AD

Time: 4.30pm registration for 5.00pm. Ends 6.15pm, followed by canapés and refreshments

Cost: £25 (Free for clients)