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The Process of Buying or Selling a Business: A First-Time Seller’s Guide to Due Diligence

Strictly Business

Once the basic terms of the deal are agreed upon in a letter of intent , the buyer will want to sift through your business and legal records with a fine-tooth comb. This meticulous review of your business, from contracts to customer lists, is called due diligence. Contracts with customers and vendors.

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Amendment of Chinese Civil Procedure Law Concerning Foreign Affairs

Conflict of Laws

Expand the jurisdiction of Chinese courts over foreign-related civil cases The type of cases the court has jurisdiction over has been revised from “disputes due to contract or other property rights” to “foreign-related civil disputes other than personal status.” 5) It is more convenient for a foreign court to try the case.