Business Closings

The Law Offices of Heriberto Cabrera & Assocs. represents corporate and individual clients in the purchase or sale of a business.The first step in representing a buyer is to make sure the lease to the business premises safeguards the purchaser’s rights. As part of our representation we do a business search to ensure there are no outstanding or future debts owing to creditors or the tax authorities when the purchaser takes possession of the business.We look at the financials of the business and the origins of the investment funds to ensure no negative implications will affect the issuance of the appropriate license by the New York State Liquor Authority. We prepare and submit the Beer and Wine or Liquor licenses to the New York State Liquor Authority. We carefully review and/or draft contracts of sale, Purchase Mortgage Notes, UCC-1, UCC-3, leases, assignments of leases and security agreements to make sure you are protected after the closing and that you will be able to collect on any notes that remain owing into the future. Heriberto Cabrera & Assocs. is the firm to hire to ensure your new business is on solid ground. Go with the experience of GoNYLaw.com.