Purchasing a business requires trust. You must trust that the accounts are in order, that the facts and figures outlined by the previous owner are accurate, and that there are no hidden debts or fines.

When a company purchase goes right, you acquire an asset. However, if your trust is broken, the figures are muddled and there are hidden financial burdens you weren’t aware of, then you will take on a costly liability which may damage your existing business.

If you have purchased a business that came with financial surprises or was overvalued by the previous owner, then we are here to help you reclaim every penny that was lost as a result.

Alternatively, if you sold your business and are now not receiving what you were promised, then we are here to support you too.

Our expert team will:

  • Outline what’s possible- We’ll tell you what outcome is likely and what avenue is best taken before you pursue any legal action
  • Check contracts with a fine-toothed comb- We’ll check through contracts and figures to ensure the information you were given was accurate and find any clauses that will benefit your dispute.
  • Get you the right value- If you overpaid for a business and weren’t told about its liabilities, then we’ll seek to reclaim this money via deferred payments or fines to the previous owner

 

Fighting Your Corner

Over our 40 years of experience, we have seen every kind of acquisition dispute. In some cases, they are caused by ignorance, where the previous owner has failed to disclose important information. We have also seen extreme cases that involve deliberate misinformation, deceit or attacks on the acquired business. No matter your position or the reason for your dispute, we are here for you.

We are on your team, advising you on what avenues are and aren’t possible. We help you to make decisions that will benefit you financially and reimburse you for losses in time and money.

 

Contact the Professional Negligence Team

Please contact Chris Thomson at chris.thomson@isonharrison.co.uk or Jonathan Robson at jonathan.robson@isonharrison.co.uk

Tel: 0113 284 5000