QUESTION
Do I need a lawyer at Offering Stage when I decide to purchase a business?
Asked on Dec 12th, 2012 on Business Law - Minnesota
2 ANSWERS
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If you plan at stage one in ending up with a non-binding letter or memorandum of intent, perhaps not. If you plan on ending up in a contract, probably yes.
Answered on Jan 08th, 2013 at 11:23 AM
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Not really, although it is probably the better practice. You will certainly need an attorney once you have struck an informal understanding and want to memorialize your deal.
Answered on Dec 13th, 2012 at 5:49 PM