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Germany passes law requiring corporate due diligence human rights, environment

JURIST

The German Parliament passed a law on Friday requiring large and medium-sized businesses to do their due diligence in combating human rights violations along their supply chain. Human Rights International due diligence environment europe germany human rights

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Acquiring Distressed Real Estate Mezzanine Debt: A Diligence Checklist

Gravel2Gavel

We recently discussed the importance of diligence when acquiring distressed commercial mortgage loans , providing a diligence checklist for the process. As with a mortgage loan, diligence is key! by Caroline A. Harcourt.

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Acquiring Distressed Commercial Mortgage Loans: A Diligence Checklist

Gravel2Gavel

Diligence is key. by Caroline A. Harcourt. When purchasing a commercial real estate loan that is in “distress,” it is crucial that one understands the nature of the defaults and the motivations of each party involved in the transaction and the deal. Continue Reading ›. Distressed Real Estate

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Giving Regulatory Due Diligence Its Due

FDA Law Blog

Before committing to a merger or acquisition with another company, a potential Buyer must conduct due diligence to identify the imperfections of a target company so the Buyer knows what it is buying. DOJ expects companies to act promptly on information obtained during the diligence process.

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Corporate Due Diligence and Private International Law

Conflict of Laws

A webinar event on “Corporate Due Diligence and Private International Law” organized by the NOVA Centre for Business, Human Rights and the Environment, will hold on February 25, 2021 at 15:00 – 17:30 CET.

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GEDIP’s Reccommendation on the Proposal for a Directive on Corporate Sustainability Due Diligence

Conflict of Laws

As reported in this blog before (see CSDD and PIL: Some Remarks on the Directive Proposal ), the European Commission on 23 February 2022 adopted a proposal for a Directive on corporate sustainability due diligence.

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Early ESG Due Diligence Can Minimize Risk, Maximize Reward

Law 360

Companies can no longer afford to ignore environmental, social and corporate governance due diligence — the risks and rewards have become too great when it comes to pre-deal merger and acquisition transactions, supply chain audits, routine company audits and beyond, says Kimberly Jaimez at Pillsbury

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Theranos Investor FOMO Is Due Diligence Lesson, Attys Say

Law 360

Testimony in ex-Theranos CEO Elizabeth Holmes' criminal fraud trial has revealed that many investors who funded the beleaguered blood-testing company leading up to its $10 billion valuation appeared to be influenced by a "fear of missing out," or FOMO, a stark lesson in the dangers of skipping due diligence, according to legal pros

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India: Transactions Involving IPL Franchises: Legal Due Diligence - S&R Associates

Mondaq

In this note, we look at key legal due diligence issues that may arise in connection with transactions involving IPL franchises

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United States: LSTA Borrower ESG Diligence Questionnaire Now In Excel - Cadwalader, Wickersham & Taft LLP

Mondaq

The LSTA published an Excel version of its ESG borrower due diligence questionnaire, the latest step in an asset manager ESG diligence initiative that started in June 2021

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Portugal: Corporate Sustainability Due Diligence: Here We Come! - PLMJ

Mondaq

The European Commission has released the long-awaited proposal for a directive on corporate sustainability due diligence

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European Parliament Resolution on corporate due diligence and corporate accountability

Conflict of Laws

Our blog has reported earlier on the Proposal and Report by the Committee on Legal Affairs of the European Parliament for a Resolution on corporate due diligence and corporate accountability.

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Cannabis M&A: How To Prepare For Regulatory Due Diligence

Law 360

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Germany: Germany Legislates Supply Chain Diligence - Morrison & Foerster LLP

Mondaq

Felix Werner spoke to Export Compliance Manager about the German government passing the Supply Chain Due Diligence Act

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Denial of motion to name correct defendant affirmed due to delay and lack of diligence

Day on Torts

When plaintiff filed a motion to alter or amend, the trial court specifically noted that it “considered…the extreme lack of due diligence exhibited by the Plaintiff” and that “no additional due diligence was performed by Plaintiff from July 2020 to January 2021.”

Tort 56
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The Top 4 Levers That Drive 80% of Value Capture in Successful Acquisitions

The Process Street

Lever #2: Complete your commercial & operational due diligence before closing. Only the HR department will know exactly what they need in terms of strategy, due diligence, and integration. Lever #2: Complete your commercial & operational due diligence before closing.

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M&A Opportunities May Prevail For The Diligent This Year

Law 360

2023 could bring the opportunity for substantial rewards for deal makers able to successfully assess and minimize certain risks amid global and domestic challenges, say Maxim Mayer-Cesiano and Jonathan Berger at Skadden

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Canada: The Importance Of Tax Due Diligence When Buying A Business - Crawley MacKewn Brush LLP

Mondaq

One area often overlooked during the evaluation and purchase of a target company is tax due diligence

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Netherlands: Business And Human Rights – The Netherlands To Introduce Mandatory Human Rights Due Diligence Legislation - Mayer Brown

Mondaq

On 6 December 2021, the Netherlands became the latest European government to announce plans to introduce mandatory human rights and environmental due diligence (HREDD

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Balwani Shut Down $96M Investor's Due Diligence, Jury Told

Law 360

million he tried to do thorough due diligence, but Balwani rejected his requests to speak with two of the company's notable business partners A hedge fund manager testified Wednesday in the fraud trial of former Theranos executive Ramesh "Sunny" Balwani that before his firm and its affiliates invested $96.1

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Canada: Buying A Business? Do The Due Diligence - Lindsay Kenney LLP

Mondaq

As a prospective buyer if you are trying to make a decision on whether or not to purchase an existing business, then performing the proper due diligence on a business is key to making sure

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Pre- And Post-Closing Due Diligence Is Vital After DOJ Memo

Law 360

Department of Justice, two may have an immediate and practical effect on how companies conduct acquisition due diligence both before and after closing, say Holly Drumheller Butler and Kristin Burtzlaff at Miles & Stockbridge Among the litany of new corporate crime enforcement policies recently announced by the U.S.

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Investors Gave Theranos $96M Despite Due Diligence Gaps

Law 360

million in the startup, even after he didn't get complete answers to the firm's due diligence questions and Theranos' rival said its technology didn't work A hedge fund manager testified in ex-Theranos CEO Elizabeth Holmes' criminal fraud trial Tuesday that his firm and its affiliates collectively invested $96.1

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European Parliament calls for legislation addressing environment and human rights in supply chains

JURIST

” Despite the global nature of many European companies’ operations, there are currently no EU-wide laws requiring companies to have a mandatory EU system of due diligence in place for victims of human rights and environmental violations.

Diligence 170
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Your Legal Checklist for Selling a Business

LegalReader

Business business financial health business owners due diligence sell a business selling a business small business financingSelling a business is different than selling something like a car, where you hand the keys to the buyer and go on your way.

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Germany cabinet launches bill to strengthen rights protection in global supply chains

JURIST

Germany’s cabinet on Wednesday launched the bill for the Act on Corporate Due Diligence in Supply Chains (or Supply Chain Act) aimed at strengthening the protection of human rights, health and the environment in German companies’ global supply chains.

Diligence 175
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European Union: HR And ESG Due Diligence In M&A: What Are The Current Trends? - Lewis Silkin

Mondaq

This article explores how the people aspects of due diligence are evolving in the UK and elsewhere in Europe 2022 is shaping up to be another supercharged year for M&A deals.

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Three organizations file criminal complaint in Switzerland against UBS over dubious transactions

JURIST

The complaint filed on Friday states that UBS allowed Belgian businessman Philippe de Moerloose to launder money by possibly not exercising due diligence, for the benefit of the family of Democratic Republic of Congo’s (DRC) former president Joseph Kabila.

Diligence 104
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United States: Climate Change Diligence—An Emerging Focus In U.S. Transactions - Jones Day

Mondaq

In transactions, climate change diligence is generally directed at examining the climate change impact of a potential investment

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Don't Forget Due Diligence In Race For Lateral Associate Hires

Law 360

Amid high demand for associates and aggressive competition to attract talent, law firms should take three key steps to conduct meaningful prehire due diligence and safeguard against lateral hiring mistakes that can hurt their revenue and reputation, says Michael Ellenhorn at Decipher

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European Union: Business And Human Rights – EU's Proposed Mandatory Human Rights And Environmental Due Diligence Law Faces Further Delay - Mayer Brown

Mondaq

The European Commission has indefinitely postponed its much-anticipated directive on human rights and environmental due diligence (HREDD) – more than 150 days after it was first expected to be published

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European Union: EU Publishes Draft Corporate Sustainability Due Diligence Directive - Mayer Brown

Mondaq

The Draft Directive also provides a mechanism for sanctions to be imposed for non-compliance with the due diligence obligations and provides for director responsibility and accountability in relation

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United States: Health Law Diagnosed — Transactions Part 2: The Role Of Health Regulatory Diligence And How To Prepare For A Sell-Side Transaction (Podcast) - Mintz

Mondaq

Health regulatory diligence has the ability to make or break a deal

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Zimbabwe: ‘Prevention Is Better Than Cure' - Due Diligence In Real Estate - Zenas Chambers, ChimwaMurombe Legal Practice

Mondaq

Purchasing an immovable property is one of the biggest financial commitments that one can make and it would be a nightmare if one were to lose out due to a lack of due diligence

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United States: Partnering With FinTech Companies: What Banks Need To Know About The Diligence Process - Arnold & Porter

Mondaq

This article summarizes the key components of recent interagency guidance for community banking organizations on conducting due diligence of financial

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United States: Federal Banking Regulators Release Guide For Community Banks Conducting Due Diligence On Fintech Companies - Morrison & Foerster LLP

Mondaq

On August 27, 2021, the Federal Reserve Board, the FDIC and the OCC (the "Agencies") jointly released a guide titled "Conducting Due Diligence on Financial Technology Companies—A Guide for Community Banks" (the "Guide

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EU Proposes New Law to Require Companies to Ensure Supply Chain Due Diligence

The Fashion Law

The European Commission has adopted a proposal for a Directive on corporate sustainability due diligence in an effort to crack down on abuses in companies’ supply chains. The post EU Proposes New Law to Require Companies to Ensure Supply Chain Due Diligence appeared first on The Fashion Law.