James C. Bastian, Jr, Partner, Shulman Hodges & Bastian LLP to Speak at KC's Buying or Selling a Small- to Medium-sized Business How to Get the Best Deal for Your Client
New York, NY, October 29, 2014 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that James C. Bastian, Jr, Partner, Shulman Hodges & Bastian LLP will speak at the Knowledge Group’s webcast entitled: “Buying or Selling a Small- to Medium-sized Business How to Get the Best Deal For Your Client.” This event is scheduled for October 29, 2014 from 12:00pm – 2:00pm (ET).
Event Synopsis:
There are a myriad of business, financial, legal, and other important aspects of selling and buying a business, from valuation techniques, to financing methods, to tax complications and beyond. Transactions involving small- and medium-sized businesses can present unique challenges in “getting closed,” as compared to larger deals, in part and often due to the circumstances and expectations of the players and the condition of the target business.
In this webinar, a panel of skilled leaders in their fields will guide listeners through the process and unique challenges of buying or selling a small- to medium-sized business. They will help ensure that legal and financial complications are avoided by identifying the most critical aspects for Purchasers and Sellers in this context. The panel of speakers includes nationally-known mergers and acquisitions attorneys who will discuss:
· The Purchase Agreement, stripped to its essentials
Signing and closing mechanics
The “Rule 10b-5 Rep”
Bridging the gap on valuation and risk expectations:
Earnouts
Seller Notes/Holdbacks
Setoff Rights
R&W Insurance Policies
Earnouts – What they are, their Rationale, Measurement Criteria and Frequency of Use
Seller’s Need to Protect the Earnout from Post-Sale Actions of the Buyer
Operational Covenants and Examples
Contractual Adjustments to Financial Metrics
Acceleration Events
Distress Deals – Sales of Assets of Insolvent or Financially-Troubled Companies
Bankruptcy Code Section 363 Sales
Assignments for Benefit of Creditors
Bulk Sales
UCC-1 Sales by a Secured Lender
About James C. Bastian, Jr.
James C. Bastian, Jr. is a partner with the Irvine based law firm, Shulman Hodges & Bastian LLP. Mr. Bastian heads the Firm’s Bankruptcy and Reorganization practice area. He is Peer Review rated AV Preeminent by Martindale-Hubbell.
Mr. Bastian joined the Firm in 1995 after serving as a judicial law clerk for one year to the Honorable Kathleen T. Lax, United States Bankruptcy Judge for the Central District of California. Mr. Bastian received a B.A. in Political Science from UCLA in 1991 and his J.D. from Southwestern University School of Law in 1994.
Mr. Bastian has represented buyers and sellers in dozens of purchase and sale transactions primarily involving businesses that are in financial distress through bankruptcy proceedings, out of court workouts, assignments for the benefit of creditors and UCC foreclosure sales. The businesses at the center of these transactions have come from a variety of industries including manufacturing, retail, telecommunications, internet service providers, energy, construction, transportation, automotive and high tech, among others. Last year, Mr. Bastian represented a large Chinese manufacturer as the purchaser of substantially all the assets of Satcon Technology, a large solar inverter distributor, through a bankruptcy proceeding in Delaware. While based primarily in Southern California, Mr. Bastian has represented parties in every district in the State of California and has been specially admitted to represent parties in over ten additional jurisdictions nationwide.
About Shulman Hodges & Bastian LLP
Shulman Hodges & Bastian LLP is a California-based business law firm where full service is not just a slogan, it is a comprehensive approach to law that has yielded results for numerous businesses and individuals. Our attorneys are prepared to handle the full range of legal problems you may face, from routine transactions to urgent legal crises.
You should not have to search for the right law firm every time a legal problem arises. The right law firm is equipped to address all of your legal needs. For businesses and individuals throughout California and the United States, we are that law firm.
We take a direct and personal interest in our clients' cases, working with them personally to chart a course to a successful outcome. As our client, you will never have to wonder who is working on your case and how to get in touch with your attorney. Personal, attentive service is a hallmark of our practice.
For further details, please visit:
http://theknowledgegroup.org/event_name/buying-or-selling-a-small-to-medium-sized-business-how-to-get-the-best-deal-for-your-client-live-webcast/
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org
Event Synopsis:
There are a myriad of business, financial, legal, and other important aspects of selling and buying a business, from valuation techniques, to financing methods, to tax complications and beyond. Transactions involving small- and medium-sized businesses can present unique challenges in “getting closed,” as compared to larger deals, in part and often due to the circumstances and expectations of the players and the condition of the target business.
In this webinar, a panel of skilled leaders in their fields will guide listeners through the process and unique challenges of buying or selling a small- to medium-sized business. They will help ensure that legal and financial complications are avoided by identifying the most critical aspects for Purchasers and Sellers in this context. The panel of speakers includes nationally-known mergers and acquisitions attorneys who will discuss:
· The Purchase Agreement, stripped to its essentials
Signing and closing mechanics
The “Rule 10b-5 Rep”
Bridging the gap on valuation and risk expectations:
Earnouts
Seller Notes/Holdbacks
Setoff Rights
R&W Insurance Policies
Earnouts – What they are, their Rationale, Measurement Criteria and Frequency of Use
Seller’s Need to Protect the Earnout from Post-Sale Actions of the Buyer
Operational Covenants and Examples
Contractual Adjustments to Financial Metrics
Acceleration Events
Distress Deals – Sales of Assets of Insolvent or Financially-Troubled Companies
Bankruptcy Code Section 363 Sales
Assignments for Benefit of Creditors
Bulk Sales
UCC-1 Sales by a Secured Lender
About James C. Bastian, Jr.
James C. Bastian, Jr. is a partner with the Irvine based law firm, Shulman Hodges & Bastian LLP. Mr. Bastian heads the Firm’s Bankruptcy and Reorganization practice area. He is Peer Review rated AV Preeminent by Martindale-Hubbell.
Mr. Bastian joined the Firm in 1995 after serving as a judicial law clerk for one year to the Honorable Kathleen T. Lax, United States Bankruptcy Judge for the Central District of California. Mr. Bastian received a B.A. in Political Science from UCLA in 1991 and his J.D. from Southwestern University School of Law in 1994.
Mr. Bastian has represented buyers and sellers in dozens of purchase and sale transactions primarily involving businesses that are in financial distress through bankruptcy proceedings, out of court workouts, assignments for the benefit of creditors and UCC foreclosure sales. The businesses at the center of these transactions have come from a variety of industries including manufacturing, retail, telecommunications, internet service providers, energy, construction, transportation, automotive and high tech, among others. Last year, Mr. Bastian represented a large Chinese manufacturer as the purchaser of substantially all the assets of Satcon Technology, a large solar inverter distributor, through a bankruptcy proceeding in Delaware. While based primarily in Southern California, Mr. Bastian has represented parties in every district in the State of California and has been specially admitted to represent parties in over ten additional jurisdictions nationwide.
About Shulman Hodges & Bastian LLP
Shulman Hodges & Bastian LLP is a California-based business law firm where full service is not just a slogan, it is a comprehensive approach to law that has yielded results for numerous businesses and individuals. Our attorneys are prepared to handle the full range of legal problems you may face, from routine transactions to urgent legal crises.
You should not have to search for the right law firm every time a legal problem arises. The right law firm is equipped to address all of your legal needs. For businesses and individuals throughout California and the United States, we are that law firm.
We take a direct and personal interest in our clients' cases, working with them personally to chart a course to a successful outcome. As our client, you will never have to wonder who is working on your case and how to get in touch with your attorney. Personal, attentive service is a hallmark of our practice.
For further details, please visit:
http://theknowledgegroup.org/event_name/buying-or-selling-a-small-to-medium-sized-business-how-to-get-the-best-deal-for-your-client-live-webcast/
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org
Contact
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
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