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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. The coalition asked the German Parliament to apply the UN Guiding Principles consistently and ensure proactive due diligence obligation cover the full supply chain.

Diligence 285
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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. Due diligence allows the buyer to uncover risks when buying a business.

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

Strictly Business

Due diligence is the buyer’s process of discovering and evaluating information about a seller’s business to confirm that acquiring the seller’s equity or assets is a sound investment. However, the process of conducting due diligence differs between transactions for a variety of reasons.

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Without Stronger Due Diligence, Attys Risk AML Regulation

Law 360

Amid increasing pressure to mitigate money laundering and terrorism financing risks in gatekeeper professions, the legal industry will need to clarify and strengthen existing client due diligence measures — or risk the federal regulation attorneys have long sought to avoid, says Jeremy Glicksman at the Nassau County District Attorney’s Office.

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Legal Accountability of Transnational Institutions: Special Issue of the King’s Law Journal

Conflict of Laws

Co-edited by Rishi Gulati and Philippa Webb , the Special Issue of the King’s Law Journal, Volume 34, Issue 3 on “The Legal Accountability of Transnational Institutions: Past, Present and Future” is now out. Stewart); Protecting Human Rights in UN Peacekeeping: Operationalising Due Diligence and Accountability (Nigel D.

Diligence 108
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Customizing AI To Specific Legal Practice Areas

Above The Law

To develop genuinely equitable AI-driven solutions, the responsible use of AI requires due diligence and commitment to fairness. The post Customizing AI To Specific Legal Practice Areas appeared first on Above the Law.

Legal 82
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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.