An asset purchase transaction takes place when a company sells all or substantially all of its assets outside the ordinary course of its business. The early participation of a lawyer can help avoid some of the pitfalls that can take place as early as the negotiation stage. For example, the signing of a non-disclosure agreement prior to engaging in discussing about the purchase and sale is a simple protection that is often overlooked. Failure to perform adequate due diligence as a buyer or seller is another pitfall that could yield unexpected outcomes after an asset purchase agreement is already signed. These are only a few of the considerations to take into account when entering into an asset purchase transaction. One of our experienced lawyers can assist you with your asset purchase transaction from start to finish. Contact one of our corporate lawyers today: 647-930-1518.