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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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The Process of Buying or Selling a Business: M&A Purchase Agreements

Strictly Business

Overview The purchase agreement is the principal legal document used to effect a merger, acquisition, or sale transaction (an “M&A transaction”). For the buyer, they have two primary functions: (1) they serve as a basis for the buyer to conduct due diligence on the seller (i.e., corporations, limited liability companies, etc.),

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 How Can Records Searches Help You Vet Clients? 

LawTechnologyToday

Building and maintaining a successful legal practice requires attracting and acquiring new clients. One best practice is to have a well-defined intake process using thorough due diligence to vet clients. Why is vetting legal clients important? She then sued the chair manufacturer.

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Law School Canons: The Spoils of Discovery

Patently O

The first line of class notes I took in Civil Procedure during our discovery module says, “Spoliation – OLD LEGAL DOCTRINE.” Zubulake V , the first case in my Civil Procedure discovery module, is a perfect example of the dangers facing a party if they are not diligent about evidence preservation. By Avery Welker. Zubulake v.

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How Records Searches Help You Vet Clients

LawTechnologyToday

Building and maintaining a successful legal practice requires attracting and acquiring new clients. One best practice is to have a well-defined intake process using thorough due diligence to vet clients. Why is vetting legal clients important? She then sued the chair manufacturer. In the personal injury lawsuit Romano v.

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20 Useful Applications of AI & Machine Learning in Your Business Processes

The Process Street

Applications of AI manufacturing AI has various applications in manufacturing that are revolutionizing the traditional methods and streamlining the processes. Enhanced safety AI-powered systems can identify and prevent potential hazards in the manufacturing environment.