The Attwells Commercial Team have recently completed the share sale of a firm of Estate Agents based in the southeast of England. Attwells acted for the individual shareholder where the sale was structured to include the mechanism of deferred consideration. In this instance, the amount of deferred consideration payable is dependent upon the future financial performance of the company itself.
When contemplating this type of transaction, it is important that the structure of how and when the funds will be paid is negotiated between the parties as soon as possible.
If you’re looking to sell or purchase shares of a private limited company incorporated within England & Wales and need legal support contact us at 01473 229200 and ask for a member of the Commercial Team.