Whether you intend on purchasing a small retail business or
the business operations of a listed public company, the same fundamental
approach should be applied: do your due diligence first!
As advisors to purchasers of businesses of various types and
sizes, we are regularly involved in conducting legal due diligence.
However, a purchaser’s pre-contractual due diligence should
not be limited to a lawyer’s review of legal matters, but should extend to:
Inspection of plant and equipment: being a
physical investigation by the purchaser...