After completing the arduous task of preparing to sell a business and agreeing to the terms in principle for a transaction in which a business owner will sell his or her “life’s work,” selling business owners (“Seller” or...more
11/9/2023
/ Buyers ,
Change of Ownership ,
Closing Costs ,
Equity ,
Healthcare Facilities ,
Indemnity ,
Liability ,
Purchase Price ,
Purchasers ,
Reasonably Continuous Exercise of Diligence Standard ,
Revenue ,
Risk Assessment ,
Selling a Business ,
Target Company ,
Third-Party
This year will mark the first full calendar year in which the Change of Ownership (CHOW) requirements added by New Jersey Senate Bill 315 (the “Bill”) will be in effect for certain health care transactions. Accordingly, it...more
For a number of reasons, the calendar is among the most effective tools for advancing a transaction from “potential transaction” to a “closed transaction,” and that holds particularly true in the final months of the year. For...more