THE sixth edition of a legal text with advice on buying and selling companies has gone on sale.

Regional lawyer Robert Thompson has edited Sinclair on Warranties and Indemnities on Share and Asset Sales.

Mr Thompson, a partner at law firm Ward Hadaway, in Newcastle, is recognised as an authority on corporate finance and was approached to edit the reference book, used by law firms and accountants across the world.

He said: "The book has been updated and further detail added to give lawyers a better understanding and insight into what they need to know about buying or selling a business, from how best to negotiate terms on behalf of their clients to the niceties of completion accounts and valuations. Even those who have considerable experience in this area can benefit from broadening their understanding."