Common Contracts
1 similar Asset Purchase Agreement contracts
Agreement to Purchase Specific PerformanceAsset Purchase Agreement • May 18th, 2021
Defendant signed a Letter of Intent, as representative for an entity yet to be formed, to purchase a lumber mill located in Alabama belonging to the Debtor. Debtor filed a motion for an order approving the sale with the court; the motion was thereafter approved and the Debtor was authorized to proceed with the sale. Unable to secure funding for post-acquisition capital improvements, Defendant chose not to execute the Asset Purchase Agreement and declined to purchase the property, forfeiting a
