When buying a company or a share in a company, a new owner faces potential risks, as such company may have, prior to being sold, violated the law. As a consequence, a new owner may be brought to responsibility, which, over the long term, will drastically decrease such company’s value.
Legal Due Diligence is a procedure involving a legal inspection of a company that is normally carried out prior to purchasing.
As part of a Legal Due Diligence, lawyers normally check:
Our services
During this stage, on the basis of a furnished checklist, we will assess the scope and define the cost of a Legal Due Diligence.
During the preparatory stage, our specialists or participants of the selling company will prepare documents required for the due diligence.
During the main stage, REVERA’s lawyers will check all furnished documents, assess risks and prepare the final report. The final report will indicate all detected violations and other flaws, evaluate the consequences and provide recommendations on remedial actions.
The concluding stage involves presentation of the final report to client, discussion of potential risks and decision-making on further monitoring of the project: remedial actions or debugging control, preparation for purchasing a share, or refusal to purchase.
