A purchase of assets allows a buyer to choose exactly what assets they are buying and to identify precisely which liabilities they wish to assume. In addition, the agreement must clearly state the law under which it is regulated and how the contract is terminated. It is also worth describing how the agreement should be amended. Daniela: We have already talked about the creation of a number of documents that can cover many corporate restructurings. With the asset transfer agreement, I really think we will get there. In addition to share transfer agreements, the asset transfer agreement and the transfer of debt securities, we also have a very strong set of documents relating to the transfer of intellectual property. With these documents, we cover many application cases and I am proud of them. Daniela: Employees themselves are often considered the largest capital of a company. In the event of a staff change, the respective contracts are transferred. In this regard, it is necessary in particular to examine and determine whether the transfer of business is carried out within the meaning of Swiss obligation law.
In this case, other obligations must be met. Daniela: Intragroup transfer contracts will all be used for restructuring within a group of companies. From there, it depends on what you need. Here`s a look at the intragroup transfer agreements we currently have on PartnerVine: an asset transfer agreement is required when a company`s assets are to be sold or transferred to another person. This is necessary for a company if it is willing to acquire the assets of another company and to define the terms and conditions. The agreement also helps the buyer to have proof of the transfer and the fact that he is now the owner of these assets. When you dial the three transfer agreements, you have three of the most frequently used transfer agreements for corporate restructuring with shares, assets and receivables. If you think about what to use, the place is to start deciding the object of the transmission.
These three documents will most often deal with the most common issues. Daniela: It is called a short-form model because it contains the fundamental but necessary content of a transfer contract. In our experience, the short model is sufficient for most cases, but corporate restructuring can become incredibly complex.