Video

  • 9 minutes

Paying the Purchase Price - Best Practices for Drafting Buy-Sell Agreements

 

You are going to buy shares; you have come up with a value, now how do you pay for them?

It’s really only limited by the creativity of the people involved. Payment is usually available in a number of ways. Funds are often borrowed, however that can use up a company’s borrowing capacity and often times lenders don’t like to have their money used to pay off shareholders. Another option is seller financed; deferred payments and a down payment. Whichever way is chosen ensure that the loan terms are carefully reviewed.

Runtime: 8 minutes

Agenda

Faculty

Mark R. High

Mark R. High

Dickinson Wright PLLC

  • Member with Dickinson Wright PLLC in Detroit, Michigan
  • Concentrates in the areas of business law, corporate finance, corporate governance, and international transactions
  • President of the Canada-U.S. Business Association in SE Michigan/SW Ontario; former chair of Michigan Business Law Section
  • Conducts seminars on and author of articles dealing with buy-sell agreements for the ABA, State Bar of Michigan, trade associations, and commercial services
  • J.D. degree, Duke University; B.A. degree, The College of Wooster
  • Can be contacted at 313-223-3650 or [email protected]

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