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Last year i purchased a business. the seller didn't supply all the business related asset that I paid for.

1 Answers. Asked on Apr 04th, 2017 on Business Law - Pennsylvania
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Answered on Apr 05th, 2017 at 11:44 AM

Did you have a written purchase agreement?  if so, did it list the assets you were purchasing?  If so, the agreement serves as the legal basis for you to demand delivery of the assets.  if the seller will not do that, then you'll have to weigh the cost of litigation vs. the value of the assets to determine your next steps. 

I recommend that you seek out a local attorney for a more in depth discussion of the matter. I do not recommend that you take any action steps without such a consult. Act quickly because by waiting, you may lose certain rights and remedies available to you.

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Business Law
Beginning on the day a new business is launched, it will encounter a host of legal issues. From selecting the optimal business structure to negotiating contracts, from ensuring that the company's name doesn't infringe on another business's intellectual property to hiring new employers--almost everything that small business owners do touches on some aspect of business law. As a company owner or manager, your focus should be on successfully running and building a business. A law firm that focuses on business law will have attorneys who have a broad cross-section of experience on the myriad legal issues that affect all businesses, large and small.
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