| name | bulk-sales-compliance |
| title | Bulk Sales Compliance |
| description | Drafts U.S. bulk sales compliance packages for asset purchase transactions outside the ordinary course, including UCC Article 6 jurisdictional analysis, creditor schedules, notice of intended bulk sale, seller affidavit, escrow framework, and closing checklist. Use when handling bulk sale, bulk transfer, inventory sale, asset purchase compliance, creditor notice, or successor liability avoidance. |
| author | CaseMark |
| author_url | https://github.com/CaseMark/skills/tree/main/skills/legal/bulk-sales-compliance |
| license | Apache-2.0 |
| version | 0.1.0 |
| execution_mode | open |
| jurisdiction | us |
| practice | commercial |
| language | en |
Bulk Sales Compliance
Draft a jurisdiction-accurate bulk sales compliance package that protects creditors and reduces successor liability risk.
Quick Start
Gather before drafting:
- Jurisdiction(s) — seller domicile, asset location, place of transfer
- Asset purchase agreement — closing date, included/excluded assets, assumed liabilities
- Seller records — AP/GL, tax liabilities, leases, secured debt, litigation, employee obligations
- Timeline — target notice date, statutory waiting period, claims period
- Escrow decision — holdback amount, proposed escrow agent
- Statutory status — whether jurisdiction has repealed/modified Article 6
Workflow
1. Jurisdictional Analysis Memo
Complete this table with authoritative citations:
| Item | Requirement |
|---|
| Bulk sales law status | In force / Repealed / Modified |
| Governing statute | State code citation [VERIFY] |
| UCC Article 6 version | Original / Revised 1989 / Other [VERIFY] |
| Covered transactions | Thresholds, asset types, ordinary-course exclusions |
| Notice timing | Min/max days before transfer [VERIFY] |
| Notice delivery methods | Certified mail, personal service, etc. [VERIFY] |
| Public filings | Required filings and offices [VERIFY] |
| Claims period | Duration and start trigger [VERIFY] |
| Buyer liability | Successor liability scope and defenses [VERIFY] |
| Exemptions | Value thresholds, buyer type, creditor consent [VERIFY] |
2. Creditor Schedule (Sworn List)
| Creditor Legal Name | Mailing Address | Claim Type | Amount | Secured? | Disputed/Contingent? | Source Document |
|---|
Include narrative noting gaps, disputes, or missing documentation.
3. Notice of Intended Bulk Sale
NOTICE OF INTENDED BULK SALE
Transferor (Seller): [Legal Name], [Entity Type], [Address]
Transferee (Buyer): [Legal Name], [Entity Type], [Address]
Description of Assets: [Inventory, equipment, fixtures, other]
Location of Assets: [Address(es)]
Date of Intended Transfer: [Date]
Creditor List Inspection: [Address], [Hours]
This notice is given pursuant to [State Statute Citation] [VERIFY].
Contact: [Name, Email, Phone]
