article thumbnail

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

Strictly Business

This meticulous review of your business, from contracts to customer lists, is called due diligence. Keep sensitive information confidential : Due diligence involves giving the buyer information you wouldn’t want competitors to know, like the identities of your customers and the terms of your contracts with them.

article thumbnail

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.”