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LLC Member Interest Acquisition

KellyKelly Posts: 31 ✭✭✭✭

I am an accountant in NH and have a client who is buying out his partner's interest in an LLC. The twist is that the partner who is selling his interest also provided all financing for the business. I have consulted with my client's attorney to write up an acquisition agreement, but he is looking to me as to how to write it. The total debt that will be due for payoff next month is $730k, plus $100k to buy out his interest. Any insight would be greatly appreciated.

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