People are often wary of buying companies, especially insolvent companies, and choose to buy the assets of those companies instead. But they, too, can have their pitfalls. Paul Taylor, a partner in the Corporate Department of City law firm Fox Williams, and John Davies, Head of Business Law at the Association of Chartered Certified Accountants, offer some advice to ensure those bargains do not come back to bite you.

This report is only available in the printed version of the magazine.