Category: Asset Purchase Agreement
Is My Non-Compete Agreement Enforceable?
A non-compete agreement is a standard provision in healthcare contracts. Non-competes are in nearly every employment agreement and practice sale agreement. These agreements also often include other restrictive covenants, such as non-solicitation agreements. The non-solicitation provisions often prevent a doctor from poaching patients and staff. However, the non-compete agreement prevents…
Making Sure Everyone Is On The Same Page: Letters Of Intent
When you are buying or selling a healthcare practice, even simple, straightforward transactions can become needlessly complex. Miscommunications and misunderstandings over key terms of the transaction can emerge, requiring the parties to spend unnecessary time, energy, and money on attorneys’ fees to resolve disputes. One of the best ways to…
After Graduation – Legal Tips for New Doctors
June is graduation season for new doctors in Arizona. While graduating from medical or dental school is an enormous achievement, it may also be a time of uncertainty as you transition from the academic setting into your new career in the professional world. The following are some legal and practical…
Commercial Leases – What Doctors Need to Know
If you own your own medical or dental practice, but not the building in which it is located, you have likely encountered the dreaded commercial lease. The commercial lease is legalese in its purest form: 25 or more pages of byzantine, sometimes incomprehensible lawyer-speak that can make even some lawyers’…
Buying A Practice – What Do I Need To Do?
Whether you are buying or selling a dental practice, we recommend making a timeline and a checklist to make sure that everything is in place for the transition. You should consult with your legal and financial advisors to help address the specifics of your situation, but transitioning into a new…