Due diligence is a critical component of selling a business, guiding both buyers and sellers through the complexities of commercial transactions. From legal compliance to financial transparency, a well planned commercial due diligence legal guide can lay the foundation for a successful business sale.  Here are some key considerations for businesses preparing to be sold:...Read More

In part 1 of this blog series, we discussed issues that can arise at the outset of due diligence. There are additional red flags that may come up as you work through the due diligence process. Here are some of the more important red flags in the commercial due diligence process that may arise as...Read More

Whether a commercial transaction is related to real estate or to business acquisitions, sales, or mergers, once the transactional agreements and documents are executed, the due diligence process begins. Among other things, the due diligence process involves verifying all information, warranties and representations in the transactional agreements and satisfying any and all contingencies that must...Read More

Financial abstracts are an important aspect of the due diligence process, helping identify potential credit issues or bankruptcy concerns. Some types of information are arguably more valuable than others; including too much information can dilute the effectiveness of the deliverable. Abstracts, by design, should be concise. The goal with a financial abstract is to provide...Read More

Legal professionals and management teams in highly regulated industries – including financial services, health care, and manufacturing – must ensure that they are maintaining compliance with all applicable regulations. While federal and state regulations may seem onerous, these requirements are in place to protect consumers. As such, compliance is not optional, and non-compliance comes with...Read More

When buying commercial real estate, purchasers should devote adequate time and resources to conducting due diligence on the transaction. When due diligence is not thorough enough, or when the party conducting due diligence tasks fails to recognize potential red flags, the acquiring individual or organization can end up buying problems they did not anticipate and...Read More

Conducting thorough business due diligence can help companies avoid encountering costly surprises after a deal has been finalized. For organizations without dedicated resources to vet potential business deals effectively and efficiently, due diligence can be overwhelming and resource-draining when tackled wholly in-house. If you have not previously considered outsourcing due diligence services, or are apprehensive...Read More

A streamlined response to a corporate merger or acquisition can benefit all parties. However, in the course of conducting due diligence for the transaction, legal issues in mergers and acquisitions can arise. How the acquiring and target companies respond to those issues can set the stage for a smooth transaction, or a stressful one. These...Read More

The due diligence process can be relatively fast and straightforward, but it can also be in-depth and drawn out. The “right” amount of (and the right method of) conducting due diligence will depend on a number of factors. You might benefit from legal due diligence services if any of the following are true: 1- You want...Read More

Due diligence is a necessary and important part of business mergers and acquisitions. However, due diligence must be thorough in order to verify critical information that allows a business to make decisions in their best interest. If there is only a cursory review of due diligence documents, or if auditors do not understand the specifics...Read More