Asset Acquisition Documents: Private Acquisitions (China) | Practical Law
A Practice Note describing the key documents, as well as certain legal and practical issues to consider, when acquiring the assets of a private company or a business as a going concern in China. It discusses the steps for an asset acquisition in China and the substantive clauses of an asset purchase agreement. It also considers the main legal issues involved, including approval requirements, the automatic transfer of any assets or liabilities, remedies for breach of warranty and liability for misrepresentation.