Uniform Commercial Code (UCC): Primary commercial law framework in the US, particularly Article 2 (Sale of Goods) and Article 9 (Secured Transactions) which govern asset sales and secured interests
Securities Exchange Act: Federal law governing securities transactions, relevant if the assets being sold include securities or stock
Internal Revenue Code: Federal tax legislation that determines the tax implications and treatment of asset sales
Federal Intellectual Property Laws: Including Patent Act, Copyright Act, and Trademark Act (Lanham Act), crucial when the assets include intellectual property
WARN Act: Worker Adjustment and Retraining Notification Act - requires employers to provide advance notice of significant employment changes in asset sales
ERISA: Employee Retirement Income Security Act - governs employee benefits and pension plans that may be affected by the asset sale
COBRA: Consolidated Omnibus Budget Reconciliation Act - ensures continuation of health insurance coverage for employees affected by the sale
Environmental Protection Agency Regulations: Federal environmental regulations that must be considered when physical assets or property are involved in the sale
CERCLA: Comprehensive Environmental Response, Compensation, and Liability Act - addresses environmental liabilities in asset transfers
State Contract Laws: Specific state-level contract regulations that govern the formation and enforcement of the asset sale agreement
State Bulk Sales Laws: State-specific regulations governing the sale of business assets in bulk to protect creditors
State Tax Laws: State-specific tax regulations that may affect the asset sale transaction
State Environmental Regulations: State-level environmental requirements that may impact the transfer of certain assets
Hart-Scott-Rodino Act: Federal antitrust legislation requiring review of large transactions that may impact market competition
FIRRMA: Foreign Investment Risk Review Modernization Act - governs foreign investment in US assets and businesses
